Stablecoin issuer Circle announced ‘plans for a partnership’ with Japanese crypto exchange Coincheck to expand USDC access in the Asian market. According to a press release on Feb. 27, Circle plans to incorporate USD Coin (USDC) in Coincheck for its products and services. However, the deal is yet subject to obtaining registration of an Electronic Payment Instrument Services under the Payment Services Act, the stablecoin issuer noted. Circle CEO Jeremy Allaire says the partnership is “foundational in bringing the stability and reliability of USDC to the Japanese market.” The move aligns with Circle’s new strategy aimed at Asia, where venture capital firms and crypto investors appear to be allocating their funds.