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

by Aurelia Butler 15 November 2021, 09:40 119 Views

In a move to strengthen its presence in Asia, Circle picked Singapore to establish a regional headquarters. The company is also setting up an investment arm called Circle Ventures, according to Circle CEO Jeremy Allaire’s interview with Bloomberg. The venture arm’s first investment will focus on a Japanese yen stablecoin.

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Source: Cryptocurrency - investing.com

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

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