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

Circle’s USDC (USDC) has become the first and only stablecoin officially approved for use in Japan’s regulated financial market. This marks a significant step toward mainstream adoption of the stablecoin in one of Asia’s largest economies. This move follows shortly after the Philippines’ leading digital wallet, GCash, added support for the dollar-backed coin. SBI Holdings and Circle Bring USDC to Japan In the latest press release, the company revealed a strategic joint venture with SBI Holdings, a major Japanese financial conglomerate source: https://beincrypto.com/usdc-stablecoin-japan-approval/