Crypto News
SBI VC Trade and Orico have partnered to let Orico credit cardholders convert reward points directly into BTC, ETH, or XRP starting July 31, 2026. The redemption rate is 1,200 Orico Points per 1,000 yen of crypto, embedding a fiat-funded on-ramp into one of Japan's largest consumer credit-card reward programs.
Why it matters
Japan is one of the most crypto-active retail markets in Asia, and Orico's card network gives the partnership reach into millions of households. Letting cardholders convert points to BTC, ETH, or XRP lowers the friction of a first purchase to a swipe-and-redeem flow that does not require opening a new exchange account or wiring yen.
Market impact
For XRP specifically, retail distribution rails in Japan have been a recurring driver of local liquidity. Adding a points-to-XRP conversion inside a mainstream credit-card rewards program gives the asset a recurring, programmatic retail bid that runs independently of price action. The size of that bid will depend on how aggressively Orico cardholders burn points, but the channel itself is a structural addition to Japan's XRP on-ramp stack.
Frequently asked questions
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What is the new SBI VC Trade and Orico partnership?
SBI VC Trade and Orico have partnered to let Orico credit cardholders convert reward points directly into BTC, ETH, or XRP starting July 31, 2026, at a rate of 1,200 points per 1,000 yen of crypto.
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Which cryptocurrencies can Orico cardholders redeem points for?
Cardholders can convert Orico Points into BTC, ETH, or XRP, covering the three largest assets by retail demand in the Japanese market.
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When does the points-to-crypto redemption go live?
The redemption feature launches on July 31, 2026 through SBI VC Trade.
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Why does this matter for XRP in Japan?
Japan is one of Asia's most crypto-active retail markets, and embedding an XRP redemption option inside a mainstream credit-card rewards program gives XRP a recurring, programmatic retail bid that runs independently of price action.
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How much XRP can a cardholder get per 1,000 yen?
Each 1,000 yen of crypto requires 1,200 Orico Points, so the redemption rate is fixed rather than tied to live market price at the time of conversion.
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