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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
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🎁 We’ll select 1 top post to win $50 Futures Voucher every Tuesday and Thursday!
📃 High-quality posts will be shared on Gate Square and labeled as [Featured Posts]!
📌 Rewards will be distribu
- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
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3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
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Japanese Banking Giant Invests Millions of Dollars in Stablecoin Company! Here are the Details
Japanese financial giant SBI Holdings and its subsidiary SBI Shinsei Bank jointly invested 50 million dollars in the US-based USD Coin (USDC) issuer Circle immediately after the company's IPO.
SBI Holdings Invested 50 Million USD in USDC Issuer Circle After the IPO
According to the announcement released today, the investment was equally divided with both organizations contributing 25 million USD. This is seen as a strong commitment to expanding the digital finance infrastructure in the Asia-Pacific region and promoting the use of stablecoins.
This latest investment took place after the joint venture Circle SBI Japan KK established between SBI and Circle becomes operational in March 2025. This venture was part of a broader strategic partnership agreement aimed at promoting the use of USDC and other blockchain-based financial services in Japan.
This partnership highlights SBI's ongoing efforts to integrate digital assets and blockchain technology into the traditional financial system and aligns with Circle's goal of globalizing its stablecoin ecosystem.
The initial public offering of Circle that took place earlier this year drew significant interest from institutional investors and indicated an increase in confidence in the regulated stablecoin market. USDC, the second largest stablecoin backed by the US dollar, has become a cornerstone of digital payments and decentralized finance (DeFi) applications.
*This is not investment advice.
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