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Circle's USDC to be First USD Stablecoin in Japan

CoinDesk LogoCoinDesk12h ago

Circle's USDC to be First USD Stablecoin in Japan - CoinDesk

Quick Summary:

SBI VC Trade will be the first to list Circle’s stablecoin under the country’s new payments framework.

In Japan, regulatory changes in 2023 cleared the way for licensed intermediaries to handle foreign stablecoins, subject to oversight.

"USDC becomes the first and only global dollar stablecoin to become approved for use in Japan," wrote Circle CEO Jeremy Allaire.

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Article Details

Author / Journalist: Francisco Rodrigues

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-04 @ 17:21:48 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 92 words

Reading Time: 1 minutes read

Sentences: 16 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 26666694

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About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 28 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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The story "Circle's USDC to be First USD Stablecoin in Japan" has 92 words across 16 sentences, which will take approximately 1 minutes for the average person to read.

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It's most recent story was published 9 hours ago.

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  • URL: https://chronographically.beamstart.com/news/circles-usdc-to-be-first-17411092325345

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