The launch delivers on a memorandum of understanding the two firms signed in August 2025 and builds on a relationship dating to 2016, when Ripple and SBI began working together on cross-border payments and blockchain infrastructure in Asia.RLUSD will “serve as a bridge for payments, tokenization and collateral management,” connecting Japanese businesses to global dollar liquidity, said Jack McDonald, Ripple’s senior vice president of stablecoins, in a statement.RLUSD is Ripple’s bet on the regulated end of the stablecoin market, and it is separate from XRP, the closely-linked token the company is best known for. Ripple has long pitched RLUSD as…

In brief Meme stock traders on Reddit have put their efforts behind fast-food chain Wendy’s. Shares in the firm have bounced over 25% on Wednesday amid a surge of posts seeking to “save” the franchise. Even after the daily spike, WEN shares have fallen 66% in the last five years. Bitcoin is sinking Wednesday, but retail investors have their eye on a different risk asset, helping shares in fast-food chain Wendy’s (WEN) surge nearly 26%.The McDonald’s and Burger King rival sank as low as $6.08 per share in early week trading, but finished Wednesday trading at $7.86, a more than…

AI & Crypto

Read More

Politics

Don't Miss!