New Document from SBI Group Reveals YEN Stablecoin Integration on the XRP Ledger

A newly surfaced document from SBI Holdings , Japan’s largest financial group, has revealed plans to integrate a yen-backed stablecoin ($YEN) onto the XRP Ledger. Highlighted by prominent XRP community figure JackTheRippler on X, this move signals a major leap forward in the adoption of blockchain-based financial infrastructure in Japan. SBI Group Deepens Its XRP Ledger Involvement SBI Holdings has long been a central player in Ripple’s expansion across Asia. Through its subsidiary SBI Ripple Asia, the company has helped bring RippleNet to major financial institutions throughout the region. The latest disclosure builds on this relationship by introducing a regulated stablecoin directly on the XRP Ledger (XRPL) , known for its speed, scalability, and energy efficiency. The move comes as Japan continues to refine its legal framework for digital assets. The country’s updated Payment Services Act, enacted in 2023, allows the issuance of fiat-backed stablecoins under strict regulatory oversight. SBI’s initiative appears to be one of the first large-scale responses to that regulatory clarity. BREAKING: A new document from the largest banking group in Japan reveals the integration of $YEN stablecoin on the #XRP -Ledger! pic.twitter.com/CpIaGDGtsX — JackTheRippler © (@RippleXrpie) June 8, 2025 The Role of the $YEN Stablecoin on XRPL According to the document cited by JackTheRippler, the $YEN stablecoin will leverage XRPL’s capabilities for real-time settlement, low fees, and built-in decentralized exchange functions. By issuing a yen-backed token on XRPL, SBI is offering a digital representation of the Japanese yen that can be used seamlessly in domestic and international transactions. This integration strengthens XRPL’s growing role as a home for regulated stablecoins. It also positions SBI at the forefront of Japan’s digital finance landscape, creating new possibilities for cross-border trade, remittances, and foreign exchange, all while staying compliant with Japanese law. Ripple’s Expanding Stablecoin Ecosystem Ripple itself is already active in the stablecoin space, having launched RLUSD —a U.S. dollar-backed stablecoin. RLUSD seamlessly integrates with both XRPL and Ethereum, providing users with robust liquidity solutions that span multiple blockchain networks. With the introduction of the $YEN stablecoin, XRPL is becoming a hub for multi-currency stablecoin infrastructure. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 This advancement may inspire other financial institutions to leverage public blockchains for issuing stablecoins pegged to fiat currencies. It also demonstrates XRPL’s ability to support government-compliant tokens in real-world financial environments. A Model for Future Digital Finance SBI’s decision to use XRPL for its stablecoin highlights the ledger’s technical maturity and regulatory readiness. As countries around the world test central bank digital currencies (CBDCs) and stablecoins, Japan’s approach, using a public blockchain under legal supervision, could become a global reference model. While it’s unclear if SBI VC Trade or another entity will issue the token, the project’s inclusion in official documentation indicates that launch preparations are advancing. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post New Document from SBI Group Reveals YEN Stablecoin Integration on the XRP Ledger appeared first on Times Tabloid .

Source: TimesTabloid