Circle shares keep rallying as Ripple $XRP partner SBI backs the USDC push in Japan.

SBI Holdings, which is a longtime partner of enterprise blockchain company Ripple, and SBI Shinsei Bank have invested a combined $50 million in Circle, aiming to capitalize on the hype surrounding the company. Circle now has direct access to the burgeoning Japanese market via SBI VC Trade.

Japan has thus adopted the USDC through Shisei Bank.