A New Era of Using Stablecoins Directly“Slash Card” to Launch in Japan

—Lets Cardholders Use Stablecoins Directly, Without the Need for Conversion into Fiat Currency—

SLASH VISION PTE. LTD.のプレスリリース

SLASH VISION PTE. LTD. (Headquarters: Singapore; Shinsuke Sato, CEO; hereinafter, “Slash Vision”), IQuitous Inc. (Headquarters: Shinjuku-ku, Tokyo; Seiichi Kanzaki, President and CEO; hereinafter, “IQuitous”), and Orient Corporation (Headquarters: Chiyoda-ku, Tokyo; Makoto Umemiya, President and Representative Director; hereinafter, “Orico”) today announced that they will begin issuing the “Slash Card” (the “Card”), which enables card payments using stablecoins in Japan, starting April 20, 2026.

Regarding the Announcement of Partnership Agreement for “Slash Card”, please refer to the news release dated February 13, 2025.

Service Details

The Card enables payments using USD Coin (USDC), a U.S. dollar–pegged stablecoin, as the funding source. Cardholders can use the Card at Visa member merchants in Japan and abroad, just as they would a conventional credit card, without the need to convert stablecoins into fiat currency for each transaction.

Transactions for payments are executed based on the cardholder’s USDC holdings. Member merchants, meanwhile, receive the payments in Japanese yen or other fiat currency, as they do with standard card transactions. This allows users to incorporate stablecoins seamlessly into everyday purchases without needing to navigate complex procedures.

Pre-registration opened in June 2025, and the procedures for issuing the cards will proceed on a rolling basis for customers who have already registered. Applications for the general public are set to open around August 2026.

Pre-registration page: https://pre-card.slash.vision/ (in Japanese)

Roles of the Three Companies

  1. Slash Vision: Program manager and brand provider, responsible for the development, operation, and branding of the Slash Card.

  2. IQuitous: Card issuer, responsible for customer management and system operation

  3. Orico: Bank identification number (BIN) sponsor, responsible for compliance with international card brands

Commitment to Security and Safety

The Card uses USDC, a U.S. dollar–pegged stablecoin, to deliver both security and convenience. In addition, it conforms to international anti-money laundering standards, including strict identity verification and transaction monitoring. It also complies with applicable Japanese laws and regulations, including the Installment Sales Act and the Act on Prevention of Transfer of Criminal Proceeds. These measures help safeguard against fraudulent use and provide a safe, reliable user experience.

Future Outlook

As they issue the Slash Card and continue to extend its functionality, the three companies will continue to promote the use of stablecoins in everyday purchases and help Japan’s stablecoin market develop in a sound, healthy way.

■About SLASH VISION PTE. LTD.

Company name: SLASH VISION PTE. LTD. (https://slash.vision/)

Address: 18 Robinson Road, #20-02 18 Robinson Singapore 048547

Representative: Shinsuke Sato, CEO

Established: July 28, 2023

Nature of business: Development of payment solutions using stablecoins

■About Iquitous Inc.

Company name: Iquitous Inc. (https://iquitous.com/en/toppage/?lang=en)

Address: 15F, Shinjuku Sumitomo Building, 2-6-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo

Representative: Seiichi Kanzaki, President and CEO

Established: April 2009

Nature of business: Payment service consulting, credit card payment processing, system development

■About Orient Corporation

Company name: Orient Corporation

(https://www.orico.co.jp/company/)*English version auto-translated

Address: 2-1, Kojimachi 5-chome, Chiyoda-ku, Tokyo 102-8503, Japan

Representative: Makoto Umemiya, President and Representative Director

Established: December 27, 1954

Nature of business: Credit cards and cash loans business; installment credit business; bank loan guarantee business; settlement and guarantee business; overseas business

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