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Ripple Launches Japan Financial Infrastructure Innovation Program with Major Bank Support

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XRP
$1.851540.32%
Ripple launched the Japan Financial Infrastructure Innovation Program (JFIIP) to boost blockchain innovation in the region. The initiative, supported by Mizuho Bank and SMBC Nikko Securities, offers $10,000 to startups building compliant digital asset news solutions on the XRP Ledger. Projects include stablecoins and asset tokenization. Despite institutional backing, XRP’s total value locked has fallen nearly 50% from its July peak to $62 million.
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