USDC stablecoin has received exclusive status in Japan — it has been recognized as the first and only stablecoin approved for use in the country, Circle CEO Jeremy Allaire reported.
SBI Holdings subsidiary SBI VC Trade has been registered as an electronic payment provider, which gives it the right to integrate USDC into the new payment systеm. Thanks to the decision of the Financial Services Agency (FSA), this platform will be the first in Japan to list and distribute the stablecoin.
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