XRP entered the final weekend of June 2026 with mixed signals, as Ripple's most significant recent milestone—the launch of its dollar-backed stablecoin RLUSD in Japan—contrasted sharply with the token's ongoing price weakness amid broader crypto market headwinds. Ripple and SBI Holdings announced the availability of RLUSD in Japan through SBI VC Trade following approval from the Japan Financial Services Agency. The stablecoin is now classified under Japan's Payment Services Act as a foreign-issued electronic payment instrument, marking a significant regulatory milestone for Ripple's expansion into one of the world's most stringently regulated crypto markets.