Circle, the company behind the USDC stablecoin, is aggressively expanding its presence in Japan by partnering with SBI VC Trade to bring USDC to domestic exchanges. This is the first time a stablecoin has been licensed under Japan's new regulatory framework, opening up significant opportunities for the digital asset market here.
SBI VC Trade – The Main Distributor of USDC in Japan
SBI VC Trade, a subsidiary of SBI Holdings, has received regulatory approval and is preparing to launch trading $USDC on March 26, 2025. Alongside this, other major exchanges such as Binance Japan, Bitbank, and BitFlyer are also planning to list and distribute USDC.