🗞 Circle is exploring the possibility of launching a stablecoin in 🇯🇵 Japan following the implementation of new legislation governing stablecoins, according to CEO Jeremy Allaire. The revised Payment Services Act in Japan now recognizes stablecoins backed by legal tender as an official "electronic payment method" and permits their issuance. Circle sees this as a significant opportunity for expansion in the Japanese market.

#Circle #Stablecoin #Japan #CryptoNews #Fintech

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