Partnership aims to enable instant foreign exchange for Japanese companies

Partnership aims to enable instant foreign exchange for Japanese companies

Circle's USDC becomes the first global dollar stablecoin approved by Japan's FSA, as the company targets corporate FX settlement through its SBI Holdings

The stablecoin giant and the Japanese financial corporation plan to deploy cross-border foreign exchange settlements as early as next year.

Circle and Nomura have partnered to open a stablecoin-based FX platform with instant settlement as early as 2027, reported Nikkei.