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Circle Launches First Regulated Stablecoin USDC in Japan on March 26 Through SBI Partnership

Circle, the issuer of the USDC stablecoin, has received regulatory approval to launch its product in Japan, becoming the first regulated stablecoin in the market
By: DeepNewz • March 25, 2025
Circle Launches First Regulated Stablecoin USDC in Japan on March 26 Through SBI Partnership

Circle, the issuer of the USDC stablecoin, has received regulatory approval to launch its product in Japan, becoming the first regulated stablecoin in the market. The launch is scheduled for March 26, facilitated through a partnership with SBI Holdings, a major financial conglomerate in Japan.

Circle has established a local entity, Circle Japan KK, to support its operations and drive digital finance innovation in the Japanese market. SBI VC Trade, a subsidiary of SBI Holdings, will begin trading USDC on March 26, with other major exchanges like Binance Japan, Bitbank, and BitFlyer planning to follow suit.

The approval follows a strategic joint venture between Circle and SBI Holdings, aimed at expanding the use of USDC in Japan. This move is expected to enhance financial accessibility and spur digital asset innovation in the region.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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