Circle to Launch USDC in Japan

Circle has announced the official launch of its US dollar stablecoin (USDC) in Japan.

On March 26, USDC will be listed on the SBI VC Trade crypto exchange, a collaboration between Japanese financial giant SBI Holdings and Circle’s subsidiary, Circle Japan KK.

“Circle’s entry into the Japanese market establishes USDC’s presence and liquidity in the country, reflecting growing institutional confidence in its utility and reliability,” Circle stated. “Through integrating USDC into Japan’s digital finance ecosystem, Circle and its partners aim to provide reliable solutions for digital payments, settlements, and treasury operations.”

This launch follows a significant regulatory milestone on March 4, when SBI VC Trade became the first firm approved by Japan’s Financial Services Agency to list USDC under the stablecoin regulatory framework.