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Circle to invest in Japanese yen stablecoin as part of expansion to Asia
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Circle, the United States-based issuer of USD Coin (USDC), has set its sights on thriving Asian crypto markets.
In a move to strengthen its presence in Asia, Circle picked Singapore to establish a regional headquarters. The company is also setting up an investment arm called Circle Ventures, according to Circle CEO Jeremy Allaire’s interview with Bloomberg. The venture arm’s first investment will focus on a Japanese yen stablecoin.
Allaire said the company sees substantial opportunities in the
Read more on cointelegraph.comAbout this in other media
Tether, Circle hit with information requests from U.S. Senator ambcrypto.com /3 years ago
Australia: Rest Super may become first pension fund to invest in crypto ambcrypto.com /3 years ago
Japanese megabanks join consortium launching yen-based digital currency cointelegraph.com /3 years ago
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