source avatarMjB38 | Digital Finance

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🇯🇵 XRP COULD BRIDGE DOLLARS & YEN WITHOUT RLUSD In #Japan, a ¥1 million cap limits certain transfers of foreign stablecoins like $RLUSD. A payment provider could take a different route. U.S. dollars → XRP → Japanese yen The buyer pays in dollars. The supplier gets yen in their bank account. The provider handles both conversions, so neither business has to hold XRP. With no RLUSD involved, that specific cap wouldn’t apply. The provider would still need authorization to handle larger payments. SBI Remit has already used $XRP on the #XRPL to bridge payments from Japan to the Philippines. Ripple lists yen payouts to Japanese bank accounts, but hasn’t publicly confirmed XRP is used on the dollar-to-yen route. That’s the opportunity for XRP in Japan: helping businesses move money between currencies they already use.

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