JCB, Japan's largest credit card network, is partnering with Circle to explore USDC payments
Svmuu News: JCB, Japan’s largest bank card network, has signed an agreement with Circle to explore the use of the USDC stablecoin for cross-border payments and merchant transactions. The collaboration will begin with a proof-of-concept for internal fund transfers at JCB and aims to improve payment efficiency, reduce remittance costs, and ease the burden of currency exchange for tourists.This initiative comes as Japan pushes for the adoption of stablecoins, including a plan by Lawson convenience stores to begin testing yen-denominated stablecoin payments in August. (CoinDesk).
Source:Odaily · Source Link
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