SBI VC Trade completes its first registration for Japanese stablecoin trading and will provide USDC trading services "
Online reports, according to CoinDesk, Japanese cryptocurrency finance company SBI VC Trade announced today that it has completed the first registration of Japanese stablecoin trading. After receiving approval, it will begin processing USDC transactions on March 12. The company will be able to provide USDC trading and deposit and deposit services to individual and corporate customers, and will need to protect US dollar collateral equal to the USDC deposited by customers. SBI Group's Xinsheng Trust Bank will assume the role of trust preservation.
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