- Circle and SBI Holdings join together to promote USDC circulation in Japan.
- The alliance also envisions redefining the financial landscape of Japan with the establishment of a Web3 economy.
- Circle’s CEO expresses his enthusiasm in the partnership and respect for the chairman of SBI Holdings.
USDC issuer Circle has announced its partnered venture with SBI Holdings, the financial services company based in Tokyo, to promote the circulation of USDC and the establishment of Web3 services in Japan. As per a press release, the strategic alliance was initiated with the companies signing a memorandum of understanding (MOU), envisioning redefining the financial landscape of Japan.
Jeremy Allaire, the co-founder and CEO of Circle, took to X to share insights on the company’s mission of encouraging “USDC distribution, banking, and Web3 tech proliferation” in the Japanese market. Allaire further reiterated that Circle has the best opportunity to contribute to the flourishing crypto markets of Japan, “the first major government in the world with this regulatory clarity in effect.”
USDC is coming to Japan – Circle and SBI Holdings begin partnership combining…The post Circle Partners With SBI Holdings to Promote USDC Circulation in Japan appeared first on Coin Edition.