Circle’s USDC Becomes First Stablecoin Approved for Use in Japan

Circle, the world’s second-largest stablecoin issuer, has received regulatory approval to introduce its USD Coin (USDC) to Japan.   This milestone, announced on Tuesday, makes USDC the first global dollar-backed stablecoin authorized under Japan’s Financial Services Agency (FSA) framework. A strategic partnership with SBI Holdings supports circle’s entry into the Japanese market. According to the announcement, […] source: https://zycrypto.com/circles-usdc-becomes-first-stablecoin-approved-for-use-in-japan/