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XRP Wins Fresh Adoption In Japan

2025-07-08 20:18:05

XRP Wins Fresh Adoption In Japan

Main Idea

Shinsei Bank Group's Aplus card service has partnered with SBI VC Trade to allow customers to redeem reward points for cryptocurrencies like XRP, Bitcoin, and Ethereum, marking the first inclusion of crypto in the Aplus Points Program.

Key Points

1. Aplus Points can now be redeemed for XRP, Bitcoin (BTC), and Ethereum (ETH), previously only exchangeable for All Nippon Airways (ANA) miles.

2. Customers earn 1 Aplus Point for every ¥200 spent, with a 0.5% bonus for spending over ¥50,000 in a month; 2,100 points can be redeemed for ¥2,000 worth of crypto.

3. The partnership with SBI VC Trade, SBI Holdings' digital asset exchange, highlights SBI's commitment to integrating cryptocurrencies into Japan's traditional financial systems.

4. SBI VC Trade has a strong relationship with Ripple, initially offering only XRP at launch and later expanding to include NFT projects on the XRP Ledger (XRPL).

5. This initiative could revolutionize reward programs by making cryptocurrencies accessible through everyday spending, reflecting Japan's progressive stance on crypto adoption.

Description

In a groundbreaking development for digital asset integration, Aplus, a credit card service under the Shinsei Bank Group, has teamed up with SBI VC Trade to allow customers to redeem reward points for cryptocurrencies, including XRP. This marks the first time cryptocurrencies have been included in the Aplus Points program, signaling a new chapter for mainstream crypto adoption in Japan. Cryptocurrency Joins the Aplus Points Program Aplus cardholders can now convert their accumulated points into ...

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Tags:
Cryptocurrency News XRP
$BTC
$108752.9
+1.02%
$ETH
$2607.15
+3.22%
$XRP
$2.3082
+2.26%

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