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Circle to invest in Japanese yen stablecoin as part of expansion to Asia

Circle, the United States-based issuer of USD Coin (USDC), has set its sights on thriving Asian crypto markets. In a move to strengthen its presence in Asia, Circle picked Singapore to establish a regional headquarters. The company is also setting up an investment arm called Circle Ventures, according to Circle CEO

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Huobi Focuses on Expansion, Sponsors Contest to Send One Winner Into Space

“In terms of user growth, we’re seeing increasing activity across Southeast Asia and the CIS [Commonwealth of Independent States] region. We only recently launched operations in Latin America, but the region is also showing a lot of promise,” Jeff Mei, Director of Global Strategy at Huobi Group, told CryptoX. Source

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Latin American Crypto Firm Ripio Raises $50M to Accelerate Regional Expansion — CoinDesk

“This round is a natural step forward that allows us to continue building and expanding our products in the region, with the mission of broadening access to the crypto world, creating simple tools and offering quality educational resources for getting to know the crypto space,” Sebastián Serrano, co-founder and CEO

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