Japan Set To Welcome First Legally-Backed Dollar Stablecoin: Find Out Which One It Is
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 25 2025
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Source: Benzinga
Launch of USDC in Japan: Circle has announced the launch of its USD Coin (USDC) in Japan through a joint venture with SBI Holdings, utilizing its subsidiary Circle Japan KK and partnerships to promote adoption.
Market Interest: USDC is set to be the first global dollar-backed stablecoin approved for use in Japan, with major exchanges like Binance Japan, bitbank, and bitFlyer showing interest in listing it.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
