Japan’s biggest card network taps Circle to bring stablecoins to 40 million merchants

CoinDesk·

Japan’s biggest card network taps Circle to bring stablecoins to 40 million merchants

60-second summary

Japan's largest card network, JCB, is partnering with Circle to bring stablecoins to its 40 million merchants, exploring the use of USDC for cross-border payments and transactions. This move aims to integrate stablecoins into everyday commerce, aligning with Japan's efforts to increase adoption. Market implications include a potential surge in stablecoin use and adoption.

JCB and Circle will explore using USDC for cross-border payments and merchant transactions as Japan ramps up efforts to bring stablecoins into everyday commerce.