Ripple's RLUSD Secures Japan's Approval and European MiCA Preliminary License

Ripple's USD stablecoin RLUSD has received regulatory approval from Japan's financial authority and launched officially in Japan on the 24th. According to blockchain media CryptoPolitan, Ripple also secured preliminary MiCA framework approval in the EU, establishing a regulatory foundation for institutional entry in Japan and Europe. RLUSD will be provided through SBI Group and SBI VC Trade to individual and institutional users. This approval makes RLUSD the second overseas USD stablecoin approved in Japan, following USDC. Classified as one of four electronic payment methods in Japan, RLUSD now holds a legal status under Japan's payment regulations. Initial transaction limits are capped at 1 million yen, with RLUSD operating on an Ethereum-based infrastructure rather than XRP Ledger. Ripple previously obtained preliminary MiCA approval in Luxembourg, which could enable passporting across 30 EU countries if finalized. The remaining challenge is driving actual adoption, as RLUSD's transaction volume in Japan and Europe remains unconfirmed.