TOKYO -- Japanese financial group SBI Holdings has partnered with U.S.-based Circle Internet Financial to make the company's USDC the first foreign stablecoin to circulate in Japan as soon as next year.
Move follows law paving the way for legal-tender-backed digital coins

SBI Holdings' businesses include banking, online securities trading and crypto assets. (Photo by Tokuyuki Matsubuchi)
TOKYO -- Japanese financial group SBI Holdings has partnered with U.S.-based Circle Internet Financial to make the company's USDC the first foreign stablecoin to circulate in Japan as soon as next year.