Circle has just announced that it will officially launch its stablecoin, USDC, in Japan on March 26.
This follows regulatory approval received three weeks ago by one of its local partners, allowing the US dollar stablecoin.
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USDC will initially be available on cryptocurrency exchange SBI VC Trade, a joint venture between SBI Holdings and Circle's Japanese subsidiary Circle Japan KK.
This development comes after SBI VC Trade received regulatory approval on March 4 to launch USDC under the Japan Financial Services Agency's stablecoin framework.