Japan’s premier global card network JCB has partnered with leading crypto firm Circle under a memorandum of understanding to explore stablecoin applications across cross-border payments and retail transactions, according to a recent press release.
The companies will assess the use of Circle’s USDC and payment infrastructure for JCB’s internal fund transfers, while also examining stablecoin payment options for merchants and overseas visitors in Japan.
The agreement expands JCB’s ongoing push into stablecoin payments after launching a separate initiative with Digital Garage and Resona Holdings earlier this year.
Through these collaborations, JCB aims to enhance payment efficiency, reduce cross-border settlement costs, and support the broader adoption of stablecoin payment infrastructure.
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