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Business Alliances4819Digital Garage,Inc.Information and Communications, Services and Others

Digital Garage to accelerate the adoption and real-world implementation of stablecoin payments under a basic agreement with Circle

Digital Garage entered into a basic agreement with an affiliate of Circle to promote the adoption of stablecoin payments in Japan. Its DG SPS payment platform will support Circle’s Arc blockchain, making USDC payments easier to use at physical stores and e-commerce sites.

Worth reading
48Recurring
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Conditional
How definitive the wording is.

Agreements reached under this partnership

Business Alliances
4819Digital Garage,Inc.
Alliance partnerAn affiliate of Circle Internet Group, Inc.
Details of the alliance
  1. 1

    Adding support for DG SPS™ for Arc, the blockchain built by Circle

  2. 2

    Collaboration leveraging both parties’ technologies and infrastructure

  3. 3

    Identifying partner companies to jointly promote the adoption of stablecoin payments

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

About the partner
Business DescriptionIssues the US dollar-denominated stablecoin USDC through regulated entities. Builds Arc, an open, stablecoin-native Layer 1 blockchain for payments, foreign exchange and capital markets.
LocationNew York State, United States
Agreements reached under this partnership
ItemDetails
Name of alliance partnerAn affiliate of Circle Internet Group, Inc.
Alliance partner's business activitiesIssues the US dollar-denominated stablecoin USDC through regulated entities. Builds Arc, an open, stablecoin-native Layer 1 blockchain for payments, foreign exchange and capital markets.
Alliance partner's locationNew York State, United States
Type of allianceBusiness Alliances
Details of the allianceAdding support for DG SPS™ for Arc, the blockchain built by Circle, Collaboration leveraging both parties’ technologies and infrastructure, Identifying partner companies to jointly promote the adoption of stablecoin payments
Items this document does not state (18)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionContract DateAlliance start dateShare Acquisition Date and Payment DateImpact on Business PerformanceChange in major shareholders

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Because demand is growing for new payment infrastructure that addresses the fee costs of existing payment methods and the time and cost challenges of cross-border payments. Also, to enable smooth USDC payments across a wide range of payment scenarios while limiting the development and operational burdens on payment providers and merchants.

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Digital Garage to accelerate the adoption and real-world implementation of stablecoin payments under a basic agreement with Circle | Digital Garage,Inc. (4819) timely disclosure | Komori