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Japan launches Ripple's USD stablecoin and a yen stablecoin system; SHIB eyes July rally amid Bitcoin debate.

Market News
24 Jun 2026
UToday
View Source
Bullish
pluang ai news

Japan's SBI VC Trade launched Ripple's RLUSD stablecoin for retail users with strict transaction limits, marking the first registered electronic payment instrument of its kind in Japan. Alongside this, SBI introduced JPYSC, an unlimited yen stablecoin for B2B corporate use, creating a two-tier stablecoin system. Meanwhile, Bitcoin faces internal conflict as investor Fred Krueger supports freezing inactive Satoshi Nakamoto wallets to prevent quantum risks, opposed by key developers fearing network forks. Shiba Inu (SHIB) shows potential for a July price rebound after a June decline, supported by strong five-year price floors and seasonal trends. The crypto market also faces pressure from heavy ETF outflows and network congestion, testing Bitcoin's support levels ahead of key economic data releases.

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