JCB Partners With Circle to Explore USDC for Cross-Border Payments

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According to Foresight News, Japan's largest card network JCB and Circle signed a memorandum of understanding to explore using USDC to enhance cross-border fund operations and payment capabilities. Initial work will include a proof-of-concept (PoC) for JCB's internal fund transfers. The companies will evaluate opportunities to improve payment efficiency, reduce remittance costs, and support broader cross-border payment processes, as well as explore offering stablecoin payment options to merchants serving international visitors.
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