Nomura plans to partner stablecoin issuer Circle for cross border FX
Summary
Nomura plans to partner with Circle to offer instant foreign currency settlement for Japanese corporates. The service would use stablecoins such as USDC to reduce FX settlement times from hours to near instant. Nomura would keep its core FX business while adding blockchain-based settlement infrastructure underneath. The planned launch could arrive as early as 2027 and would require integration with banking systems, compliance workflows, and onboarding processes.
Classifications
industries
Fintech & Banking
applications
AI & Machine learning
AI Classifications
Labels
Financial Technology
Blockchain
Digital Payments
Linked Companies
Circle
$1B+