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Circle to invest in Japanese yen stablecoin as part of expansion to Asia -Breaking

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Circle is a United States-based issuer (USDCIt has now set its sights on Asia’s thriving crypto markets.

Circle selected Singapore as the location for its Asia regional headquarters to expand its reach. The company is also setting up an investment arm called Circle Ventures, according to Circle CEO Jeremy Allaire’s InterviewBloomberg. The venture arm’s first investment will focus on a Japanese yen stablecoin.