Japan accelerates the implementation of stablecoin merchant payments, JCB will test USDC tourist payment scenarios

According to CoinPost, JCB has reached a partnership with a Circle affiliate, planning to test USDC payments at a store in Tokyo that attracts many foreign tourists within the year and evaluate the promotion to more franchise merchants.

The pilot aims to reduce the currency exchange process for tourists and lower payment transaction fees. JCB has previously tested USDC and JPYC offline payments with Digital Garage, Resona Holdings, and others; Japan has also accelerated stablecoin merchant payment trials recently, including Lawson's plan to test JPYC in-store settlements in August.