Coincheck Partners with Circle; USDC’s First Japan Listing Close?
![Coincheck Partners with Circle; USDC’s First Japan Listing Close?](https://dailybusinessinvestor.com/wp-content/uploads/2024/02/1707495015-bitcoin-active-supply-surges-as-long-term-holders-start-moving-assets-2LGuDv-800x457-2.jpg)
This appears to be an announcement regarding a partnership between Coincheck and Circle, two major cryptocurrency companies. Through this partnership, it is suggested that USDC (USD Coin), a stablecoin cryptocurrency backed by Circle, may soon be listed in Japan for the first time.
USDC is a type of cryptocurrency that is pegged to the US dollar, meaning it maintains a stable value in relation to the dollar. With this partnership, it seems likely that Coincheck, a major cryptocurrency exchange in Japan,