Circle announced that it will soon be launching $USDC in Japan on the SBI VC trade crypto exchange.
This makes $USDC the first and only stablecoin officially approved for the Japanese markets. This will be a joint venture between SBI Holdings, its parent company, and Circle Japan KK, its Japanese entity.
Let’s discuss Circle’s incessant efforts to globalize crypto and then move on to the best altcoins you should consider buying on the back of this pro-crypto development.
$USDC’s Japan Debut
$USDC’s entry into Japan has been made possible after two years of back-and-forth negotiations with regulatory authorities. Only three weeks back, SBI VC trade was able to secure an approval to list $USDC.
[This aligns] with our broader vision for the future of payments and blockchain-based finance in Japan – Yoshitaka Kitao, SBI Holdings CEO and president
Circle’s next target is to list $USDC on bitb ..
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