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Japan's JCB Signs MOU with Circle on Stablecoin Payments on July 14

Partnerships & Ecosystem

2026-07-15 00:19:01

CRCL0.25%

USDC-0.02%

According to CoinDesk, Japan's largest card network JCB signed a memorandum of understanding with US-based stablecoin issuer Circle on July 14 to explore the use of USDC for cross-border payments and merchant transactions. The partnership will begin with a proof of concept for JCB's internal fund transfers and study USDC adoption for lower-cost remittances and in-store payments for merchants serving foreign visitors. JCB has over 175 million cardmembers and 71 million merchants worldwide. The collaboration reflects growing interest in stablecoin-based settlement in Japan, with Circle's separate partnership with Nomura pointing to potential service launches as early as 2027.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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