Nomura plans to partner stablecoin issuer Circle for cross border FX
Nomura, one of the world’s largest foreign exchange dealers, is planning to partner with stablecoin issuer Circle to launch a service enabling instant foreign currency settlement for Japanese corporates, according to a report by the Nikkei.
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Using USDC rails would compress corporate FX settlement from roughly half a day to near-instant in a Japanese market that handled about $440 billion daily in 2025, with launch targeted for 2027.
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