Circle's USDC will become Japan's first dollar-pegged stablecoin.

Circle's $USDC is set to become the first USD-backed stablecoin to be introduced in Japan. This marks a significant milestone for Circle as it expands its presence in the Asian market. The move is expected to enhance the adoption of digital currencies in Japan, providing a stable and reliable option for transactions. Circle's CEO, Jeremy Allaire, has been instrumental in driving this initiative forward.