USDC Launch Boosts Circle’s Japan Presence

Circle Expands USDC Presence in Japan with SBI VC Trade Partnership

• Circle Internet Financial is enhancing its involvement in Japan’s digital asset market through a partnership with SBI VC Trade.
• SBI VC Trade has received regulatory approval to use USDC, the first token approved under Japan’s stablecoin framework.
• USDC trading is set to launch on March 26, 2025, via SBI VC Trade.
• Circle has established Circle Japan KK to manage local operations for USDC.
• Domestic exchanges Binance Japan, Bitbank, and BitFlyer plan to list USDC soon.

SBI VC Trade’s regulatory approval marks the first instance of a stablecoin being approved under Japan’s framework, with USDC trading expected to begin in March 2025.