Circle to Launch USDC in Japan on March 26 With SBI Partnership
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Circle is launching USDC in Japan on March 26 via a partnership with SBI Holdings, following regulatory approval from the Japan Financial Services Agency. This move represents a strategic expansion into a key Asian market with strong blockchain technology adoption, potentially increasing USDC's global reach and transaction volume.
March 25, 2025 | 5:30 am
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Circle's launch in Japan might indirectly benefit Coinbase, as the company is closely associated with USDC's development and could see increased blockchain ecosystem opportunities.
Coinbase is a key partner in USDC's ecosystem, and expansion into regulated markets like Japan could create positive sentiment and potential business opportunities.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50