XRP News
Japanese corporations are increasingly turning to XRP, a leading payments-focused altcoin, as a treasury and shareholder-reward asset, according to figures disclosed by SBI VC Trade. The exchange, owned by financial group SBI Holdings, crossed 2 million registered accounts on July 6, and its latest report attributes part of that growth to companies buying XRP and Bitcoin to fund bonuses and dividends. A historically weak yen has pushed local businesses to diversify reserves, with SBI channelling demand through its premium SBIVC for Prime corporate service. The firm also says it now leads Japan by the number of coins available for staking, adding passive-income appeal for corporate clients.
A new distribution channel opened for the XRP ecosystem on July 6, when AI-driven banking and cross-border payments platform Nuvion integrated Ripple USD (RLUSD). The company's official announcement said RLUSD will give its enterprise and fintech clients faster cross-border settlement, multi-market liquidity management and embedded blockchain payments, all accessible through a single API. Nuvion already offers multi-currency accounts and compliance infrastructure, and its managing director framed the move as building rails for real-time, programmable and global money flows. Because RLUSD settles on the XRP Ledger, each new payment platform routing volume through it deepens the underlying network's transactional footprint, even when the headline asset is a stablecoin.
RLUSD supply on the XRP Ledger has climbed to an all-time high near $800 million, up from roughly $20 million at the end of 2024, according to on-chain data cited by XRP custody firm Evernorth. That expansion makes the XRP Ledger the token's largest custody network, holding about 51% of total RLUSD supply — a sharp rise from around 17% in April. The growth matters for XRP holders because every RLUSD transfer, swap and trade on the ledger pays its fee in XRP and settles through the native asset. In practice, rising stablecoin turnover converts directly into structural demand for XRP as the ledger's settlement layer.
The Nuvion deal landed just days after Ripple secured full authorization under the European Union's Markets in Crypto-Assets (MiCA) framework, the bloc's comprehensive rulebook for digital-asset service providers. Ripple obtained a crypto-asset service provider license in Luxembourg, granting regulated access across the 30 countries of the European Economic Area. The approval strengthens the compliance narrative around both XRP and RLUSD at a moment when institutions are actively seeking regulated alternatives to established stablecoins. For a token long defined by its regulatory battles, formal European clearance broadens the addressable market for Ripple's payments stack and reinforces the case that its dollar-pegged stablecoin can scale within supervised jurisdictions.
SBI's account milestone was also the product of aggressive consolidation in Japan's exchange market. The 2 million figure was reached partly by merging user bases from the VCTRADE and BITPOINT platforms, following SBI's acquisition of BITPoint Japan in April. Beyond accumulation, the group is positioning itself at the center of the country's emerging stablecoin market: last month it launched Japan's first regulated trading of Ripple's dollar-pegged RLUSD alongside the yen-backed JPYSC trust token. Taken together, the moves show SBI and Ripple methodically building regulated on-chain payment rails in Japan, with XRP-adjacent products embedded across custody, staking and settlement services for both retail and corporate users.
Activity on the ledger has scaled alongside supply. Monthly RLUSD transactions jumped from about 54,000 in December 2024 to between 600,000 and 1.1 million in 2026, lifting the stablecoin's share of network transactions from under 1% to roughly 12%. That throughput increasingly flows through the XRP Ledger's native automated market maker, the on-chain mechanism that pools liquidity for token swaps without a traditional order book. Evernorth argues that the accelerating RLUSD footprint is cementing XRP's role as the ledger's core settlement asset. Through a broad market pullback, XRP has traded near the $1 mark, with supporters pointing to expanding RLUSD adoption and regulatory wins as the fundamental floor under the price.
COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the $1.2174 resistance at 92/100 — the strongest overhead level — built on a confluence of the volume Point of Control, the 0.382 Fibonacci retracement and Ichimoku Senkou B. Nearer term, $1.1261 scores 73/100 (Ichimoku Senkou A, pivot point), while firm support sits at $1.0703 (71/100; ATR lower band, high-volume node). Derivatives lean crowded-long: a 3.24 long/short account ratio and a slightly positive 0.0008% funding rate against $675 million in open interest signal stretched positioning. With RSI at 47.87, a bullish MACD but a Fear reading of 27/100, a clean reclaim of $1.2174 opens the upside; losing $1.0703 would invalidate the bullish thesis.