SBI Group to Launch USDC-Based Cashless Payment Pilot in Japan

SBI Group to Launch USDC-Based Cashless Payment Pilot in Japan

user avatar

by Andrew Smith

10 months ago

Made with AI

SBI Group is set to launch a groundbreaking cashless payment system in Japan, utilizing the USDC stablecoin. This innovative pilot project, scheduled to commence in spring 2026, aims to streamline in-store transactions through QR code technology. The source reports that this initiative could significantly enhance the efficiency of digital payments in the region.

SBI Group's New Project

SBI Group emphasizes that this project builds on insights gained from the Osaka-Kansai Expo, where digital wallets were trialed for visitors.

Modernizing Payment Methods in Japan

The company envisions this system as a significant step towards modernizing payment methods in Japan, catering to the evolving needs of a diverse customer base.

Recently, BC Card completed a pilot program enabling foreign users to make transactions with stablecoins at millions of merchants in South Korea. This initiative contrasts with SBI Group's upcoming cashless payment system in Japan, which will utilize USDC stablecoin. For more details, see read more.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Plex Media Server Vulnerabilities Exploited for Cryptojacking

Attackers are exploiting vulnerabilities in Plex Media Server to install unauthorized cryptocurrency miners and a Linux proxy backdoor.

user avatarTomas Novak

Super League Shareholders Approve Metaplanets Bitcoin Treasury Proposal

Super League shareholders approved a proposal for Metaplanets to contribute 2,100 BTC and $25 million to a new US-listed Bitcoin treasury platform.

user avatarKaterina Papadopoulou

Sophon Sets Withdrawal Deadline Ahead of Mainnet Shutdown

Sophon has set a deadline for users to withdraw their assets by November 25 ahead of the shutdown of its standalone chain.

user avatarMaya Lundqvist

Large Hyperliquid Trader Rebuilds Ethereum Short After Significant Losses

A trader on Hyperliquid rebuilt a substantial Ethereum short position worth approximately $16 million after incurring losses of around $469,000.

user avatarLeo van der Veen

Tron Surpasses Ethereum and Solana in Blockchain Fee Revenue

Tron has generated approximately $234 million in chain revenue over the past 30 days, surpassing Ethereum and Solana.

user avatarLi Weicheng

New Reporting Requirements Proposed for Crypto Holders in France

A proposed amendment would require crypto holders to declare self-custodied assets worth over €100,000, with penalties for non-compliance.

user avatarTenzin Dorje

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.