BitcoinSistemi 2025-06-10 10:59:07

Japanese Banking Giant Invests Millions of Dollars in Stablecoin Company! Here Are the Details

Japanese financial giant SBI Holdings and its subsidiary SBI Shinsei Bank have jointly invested $50 million in US-based USD Coin (USDC) issuer Circle, following the company’s initial public offering. SBI Holdings Invests $50 Million in USDC Issuer Circle Following IPO According to the statement released today, the investment was split equally, with both organizations contributing $25 million. This is seen as a sign of a strong commitment to expanding digital finance infrastructure and popularizing stablecoin usage in the Asia-Pacific region. This latest investment comes after Circle SBI Japan KK, a joint venture between SBI and Circle, was set to commence operations in March 2025. The initiative was part of a broader strategic partnership agreement aimed at promoting the use of USDC and other blockchain-based financial services in Japan. This partnership highlights SBI’s continued efforts to integrate digital assets and blockchain technology into the traditional financial system and aligns with Circle’s goal of globalizing the stablecoin ecosystem. Circle’s IPO earlier this year attracted significant interest from institutional investors, reflecting growing confidence in the regulated stablecoin market. USDC, the second-largest US dollar-backed stablecoin, has become a cornerstone of digital payments and decentralized finance (DeFi) applications. *This is not investment advice. Continue Reading: Japanese Banking Giant Invests Millions of Dollars in Stablecoin Company! Here Are the Details