Circle to fully expand into Japan... Plans to list USDC in cooperation with SBI Holdings

Circle, the stablecoin issuer of USDC, is making a full-scale entry into Japan. On the 24th (local time), Circle announced through its official blog that it has signed a memorandum of understanding with SBI Holdings, a major Japanese financial group.
Specifically, the company will cooperate with SBI VC Trade, a virtual asset exchange under SBI, and list USDC on the exchange on the 26th.
Circle also announced that it will then list USDC on other Japanese virtual asset exchanges, including Binance Japan and Bitbank.
This listing follows USDC receiving formal approval from the Japanese financial authorities, and Circle is now legally regulated in Japan.
The company has established a new company, Circle Japan Co., Ltd., and entered into a strategic joint venture with SBI Holdings.