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JCB and Circle pilot USDC stablecoin for cross-border payments and merchant use in Japan

Market News
14 Jul 2026
Crypto news
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Bullish
pluang ai news

JCB, a Japanese payments company, has partnered with Circle to pilot the use of USDC, a dollar-backed stablecoin, for internal cross-border treasury transfers and merchant payments in Japan. The initial phase focuses on JCB's internal fund transfers, with plans to expand to retail payments for merchants and international visitors. This partnership follows Circle's recent U.S. trust bank approval and its ongoing expansion in Asia, aiming to enhance cross-border corporate settlements and retail transactions using stablecoin technology. Both companies will also explore additional payment services combining Circle's stablecoin infrastructure with JCB's merchant network to support new payment options.

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