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. The partnership aims to launch a service enabling instant foreign currency settlement for Japanese corporates. The plan was reported by 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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