SBI VC Trade, a subsidiary of a Japanese cryptocurrency exchange, temporarily lowered the standard spread for XRP/JPY leveraged trading to 0.5 yen (about 4.79 won).

On June 24, blockchain media outlet The Crypto Basic reported that the measure runs from June 22 to July 3. It aims to boost participation by Japanese retail investors in leverage trading by sharply reducing XRP trading costs.

The promotion applies on the VCTRADE platform. SBI introduced it as a "Break through the spread limit! XRP/JPY leveraged trading support week." It also said the spread could temporarily widen during periods of high market volatility.

The key is the size of the cost cut. SBI said the new spread is about 78 percent lower than the average XRP/JPY spread of 2.3633 yen (about 22.62 won) on its platform in May 2026. That brings trading costs to less than a quarter of typical levels. The same terms will be offered at SBI FX Trade during the event period.

The move is also linked to the high share of XRP among SBI customers. SBI said XRP is included in shareholder benefit programs at multiple listed companies, including Japanese companies linked to the SBI Group. As a result, XRP has become one of the most widely held digital assets among its users.

The promotion also reaffirmed the SBI Group's support for XRP. Under Yoshitaka Kitao (기타오 요시타카), SBI has been regarded as one of the leading institutional supporters of XRP in Japan and has consistently incorporated XRP into various businesses and customer programs. It is also notable that, following a recent BTC/JPY leverage trading promotion, it moved to cut costs for XRP in the same way.

The market is also seeing expectations that it could broaden access to XRP trading in Japan. Exchanges can increase user activity by highlighting low spreads, while investors can try XRP/JPY leveraged trading at lower costs than before.

Ultimately, SBI's move is being interpreted as a measure to strengthen the base for XRP trading in Japan rather than a short-term price factor. As SBI has lowered costs for XRP leveraged trading after bitcoin, attention is turning to how much demand for XRP trading among Japanese retail investors will expand.