SBI Invests $50M to Accelerate USDC Adoption in Japan

SBI Holdings has made a strategic investment of $50 million in Circle, marking a significant step towards expanding the adoption of USDC stablecoin within Japan. This joint venture aims to boost the country’s digital finance services by integrating USDC into existing financial systems and creating new opportunities for digital innovation. SBI Holdings’ vast infrastructure expertise will be combined with Circle’s regulatory knowledge and technology, driving this expansion effort.