Circle's USDC to be First USD Stablecoin in Japan

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Circle's USDC to be First USD Stablecoin in Japan

SBI VC Trade, a subsidiary of financial giant SBI Holdings, has secured regulatory approval as an Electronic Payments Provider in Japan.The regulatory approval, granted under the Japan Financial Services Agency’s (JFSA) new framework, allows the exchange to offer stablecoins, making it the first in the country to list and distribute USDC."USDC becomes the first and only global dollar stablecoin to become approved for use in Japan," wrote Circle …

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Japan Regulator Approves Country’s First Stablecoin Licence

SBI VC Trade has become the first company in Japan to obtain a stablecoin licence. Several other firms plan to launch stablecoins. The Kanto Regional Financial Bureau in Japan has granted SBI VC Trade, a subsidiary of SBI Group, the country’s first stablecoin licence, allowing the firm to process USDC transactions. The approval enables SBI VC Trade to facilitate the circulation of USDC, a stablecoin issued by US-based Circle Internet Financial. …

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Frontal competitor of the giant Tether (USDT), the stablecoin USD Coin (USDC) is going to make its debut in Japan. Determined to catch up... Read more The stablecoin USDC arrives in Japan has appeared first on TipsCrypto.com.

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Giant Teter Front Competitor (USDT), The USD Stablecoin Currency (USDC) will make its debut in Japan. Determined to catch up with the world leader in Stablecoins, the U.S. company's circle accelerates its development internationally by accessing the Japanese market, a key market in Asia for cryptocurrency trading. [...] The entry Stablecoin USDC arrives in Japan was first published in The Cryptocurrency.

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USDC Booms As Circle Gets Approval To Operate In Japan And UAE

Circle will soon be able to offer USDC to investors in Japan. Jeremy Allaire, CEO at Circle, announced on 4 March 2025, that USDC is now “the first and only global dollar stablecoin to become approved for use in Japan.” The company will partner with SBI, the sole exchange permitted to offer USDC to Japanese investors. The SBI reportedly plans to open USDC trading to limited users on 12 March 2025. USDC becomes the first and only global dollar s…

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Native USDC Arrives On Linea With Industry's First Bridged-to-Native Upgrade

Global fintech company and stablecoin issuer Circle has announced the launch of native USDC on the zkEVM Layer 2 blockchain Linea.  Linea, a zkEVM Layer 2 blockchain developed by ConsenSys, is designed to scale Ethereum while maintaining its security and decentralization. Since its launch in July 2023, Linea has quickly gained traction, securing over $183 million in Total Value Locked (TVL) across more than 400 applications and processing 250 mi…