Circle and Nomura plan to launch USDC-based settlement and corporate payment rails in Japan as early as 2027, letting businesses swap yen into dollar stablecoins for cross-border payments and FX settlement. The target is Japan’s $440B-a-day foreign exchange market, where legacy bank transfers can still take two to three business days. Nomura handles client onboarding, compliance and bank integrations, while Circle gets a credible TradFi path into Japan after local rules cleared USDC for corporate use.

TLDR by @Benthic

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