Circle, Monex’s Coincheck partner to expand access to USDC in Japan
Coincheck, Inc., the cryptocurrency subsidiary of Monex Group, and Circle Internet Financial, LLC, a global financial technology firm and the issuer of USDC, have announced plans for a partnership to expand USDC access in the Japanese market.
Coincheck’s initiative to incorporate USDC as part of its products and services is subject to obtaining registration of an Electronic Payment Instrument Services under the Payment Services Act.
“Our collaboration with Coincheck is foundational in 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 work with Coincheck to pave the way for a new era in digital finance in Japan.”
“We are very excited to bring USDC, the global standard of stable tokens to Japan and work together with Jeremy and the Circle team to develop further the Japanese crypto markets as well as the blockchain ecosystem.” said Oki Matsumoto, Managing Director & Chairman of Coincheck, Inc. / Representative Executive Officer & Chairman of Monex Group, Inc.