$USDC USDC conquers the coveted market of Japan‼️📢

Following the changes implemented by the Financial Services Agency, the company Circle will leverage local partnerships to enter the Japanese market.

Japanese banks have been exploring stablecoins backed by the yen.

Japan's changing regulatory landscape presents both opportunities and challenges for USDC.

Through Circle Japan KK, a subsidiary of Circle in Japan, the stablecoin USDC enters the market of that country.

As noted in the statement released by Circle on March 25, its partners in the country - including SBI VC Trade, a joint venture with the Japanese financial conglomerate SBI Holdings - will facilitate the adoption of USDC in Japan.

To this end, they plan to launch the stablecoin alongside exchanges such as Binance Japan, Bitbank, and BitFlyer, which will include USDC in their listings soon.