Ripple, a leader in enterprise blockchain and crypto solutions, and SBI Holdings, a major Japanese financial services conglomerate and its subsidiary SBI VC Trade Co., Ltd., a provider of crypto asset exchange business (jointly “SBI Group”), today announced a new memorandum of understanding (MOU) for SBI VC Trade, a licensed Electronic Payment Instruments Exchange Service Provider in Japan and subsidiary of SBI, outlining their intention to distribute Ripple USD (RLUSD) in Japan.