SBI
Plain definition. SBI, or the SBI Group, is a financial institution that Coinpaper described in May 2026 as central to bringing distributed ledger technology into payment services in Japan.
Technical definition. Coinpaper reported on May 30, 2026 that the SBI Group is among the financial institutions in Japan “playing a central role in integrating distributed ledger technology into payment services.” Its remittance arm, SBI Remit, has used Ripple’s RippleNet since 2017. In 2021 it became the first company in Japan to offer international remittances powered by On-Demand Liquidity, which uses XRP as a bridge asset, with customer transfers routed through SBI VC Trade.
On this site
On this site, SBI comes up in Do banks actually use XRP?, How does SBI use XRP for Japan remittances?, Is using XRP for cross-border payments actually cheaper?, Where is RLUSD available, and who uses it? and What is Evernorth, who backs it, and how much XRP does it hold?.
Source
SBI Remit Hits $15B in Transfers With XRP Integration News All News Crypto Stocks Commodities Forex Economy Policy Techn (coinpaper.com), read October 1, 2026.
Pages that cover SBI
- How is Evernorth different from an XRP ETF?
- What is Evernorth, who backs it, and how much XRP does it hold?
- What is in the XRP and Ripple pipeline for Q4 2026?
- Where is RLUSD available, and who uses it?
- Is using XRP for cross-border payments actually cheaper?
- Do banks actually use XRP?
- How does SBI use XRP for Japan remittances?