Circle, a payment services company, and SBI Holdings, a conglomerate of financial companies, have partnered to bring liquidity services for the use of USDC, one of the largest stablecoins in the cryptocurrency market, to Japan, and promote the local use of stablecoins in the Web3 industry.
Circle Partners With SBI Holdings to Promote USDC in Japan
Circle, a U.S.-based payment services provider, and SBI Holdings, a financial services company with more than $160 billion in assets, have partnered to promote and facilitate the usage of USDC, a dollar-pegged stablecoin, in Japan.
The partnership, which involved signing a memorandum of understanding between the two companies, encompasses introducing and promoting USDC as a regulated stablecoin in Japan under the Revised Payment Services Act and the commitment to follow Japanese rules for the distribution and management of the stablecoin.
For this purpose, SBI Shinsei Bank, part of the SBI conglomerate, will provide direct banking services to
We współpracy z: https://news.bitcoin.com/circle-partners-with-sbi-holdings-to-launch-usdc-in-japan/
