Japan's largest card network JCB is partnering with Circle to explore expanding USDC stablecoin payment coverage to 40 million merchants.
2026.07.15 08:30:50
Japan’s largest card network JCB has signed a memorandum of understanding (MOU) with Circle, with the two parties set to explore using USDC for cross-border payments, merchant settlement, fund management and other services, to drive the adoption of stablecoins in Japan’s daily payment scenarios. JCB has around 140 million users and 40 million merchants globally. The two sides will initially conduct a proof of concept (PoC) centered on JCB’s internal fund transfers, and further research how USDC can boost cross-border payment efficiency, lower remittance costs, and support international tourists in making stablecoin payments at Japanese merchants. This partnership is part of Japan’s stablecoin commercialization process. Earlier, Circle announced it would collaborate with Nomura to develop a USDC-based foreign exchange settlement service; Japanese convenience store chain Lawson also plans to launch a stablecoin payment pilot in August this year.
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