Aplus, a credit card company under Japan’s Shinsei Bank Group, has collaborated with SBI VC Trade to introduce a revolutionary rewards program that allows credit cardholders to convert Aplus points into cryptocurrencies, including XRP, Bitcoin, and Ether. This makes Aplus the first major Japanese loyalty program to enable such direct conversion. Users earn 1 Aplus point for every 200 yen spent, with potential bonus points for high spenders. 2,100 Aplus points can be exchanged for over 2,000 yen of cryptocurrency, translating to approximately $13-$15. Integrating XRP aligns with SBI Holdings’ partnership with Ripple, emphasizing XRP's utility in Japan's digital economy. With clear regulations from Japan's Financial Services Agency, the initiative aims to promote cryptocurrency adoption and provides a risk-free way for consumers to engage with digital assets. The move represents a strategic expansion within SBI’s financial ecosystem, showcasing its commitment to integrating traditional finance with blockchain technology.

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