Coincheck, Inc., the cryptocurrency subsidiary of Monex Group, and Circle Internet Financial, LLC, a global financial technology company and the issuer of USDC, have announced plans for a partnership to expand USDC access to the Japanese market.
Coincheck’s initiative to integrate USDC as part of its products and services is subject to obtaining Electronic Payment Services registration under the Payment Services Act.
“Our partnership with Coincheck is fundamental to bringing the stability and reliability of USDC to the Japanese market,” said Jeremy Allaire, CEO and co-founder of Circle Internet Financial, LLC. “We are excited to partner with Coincheck to pave the way for a new era in digital finance in Japan.”
“We are very excited to bring USDC, the global stablecoin standard to Japan, and are working with Jeremy and the Circle team to further develop the Japanese crypto markets as well as the blockchain ecosystem.” said Oki Matsumoto, CEO & President of Coincheck, Inc. / Representative Executive Director & President of Monex Group, Inc.