TOKYO -- Japanese financial services group SBI Holdings is investing around $50 million in Circle Internet Group, issuer of the dollar-backed USDC stablecoin, in hopes of helping the virtual currency find a wider audience in Japan.
Cryptocurrencies
Japan's SBI invests $50m in US stablecoin issuer Circle
Finance group eyes expanding digital asset business in Asia
SBI hopes to encourage broader use of Circle's USDC stablecoin in Japan. (Source photos by Nikkei and Reuters)
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