Japan Set To Welcome First Legally-Backed Dollar Stablecoin: Find Out Which One It Is

Posted On March 25, 2025

Leading stablecoin issuer Circle announced the launch of its USD Coin (CRYPTO: USDC) in Japan on Tuesday through a joint venture with financial conglomerate SBI Holdings Inc. (OTC:SBHGF).

What Happened: According to a press release, Circle will utilize its Japanese subsidiary, Circle Japan KK, and domestic partnerships to enhance the adoption of its platforms and …