Circle to invest in Japanese yen stablecoin as part of expansion to Asia -Breaking
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Circle, a United States-based issuance of (USDCIt has now set its sights on Asia’s thriving crypto markets.
Circle selected Singapore to be its Asian 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.
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