Rakuten Wallet Launches XRP Integration for 44 Million Users in Japan
Here's what it means for you.
The integration of XRP into Rakuten Wallet enhances your options for digital asset transactions in Japan's evolving payment landscape.
What happened
On April 15, 2026, Rakuten Wallet activated support for XRP, enabling 44 million users to buy, convert, and spend the cryptocurrency.
The Context
- Rakuten's Ecosystem: Rakuten Wallet, part of Japan's leading e-commerce provider, connects traditional loyalty programs with digital assets, leveraging over 3 trillion Rakuten Points valued at approximately $23 billion USD.
- Regulatory Support: Japan's progressive cryptocurrency regulations recognize digital assets as legal property, facilitating their use in payments and enhancing market confidence.
- Market Impact: Following the announcement, XRP's price increased from $1.32 to $1.38, reflecting heightened trading activity and interest in real-world utility.
The Number
— the number of Rakuten Pay users now able to access and trade XRP, significantly broadening the cryptocurrency's market reach.
Takeaway
Expect further institutional adoption of cryptocurrencies in Japan, potentially including Rakuten Bank integration by Q3 2026.
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