Circle CEO plans to visit South Korea next week to meet with banks and CEX to promote USDC adoption

As USDC's trading volume continues to soar in South Korea, Circle CEO Jeremy Allaire plans to visit Korea next week to meet with executives from several major commercial banks and leading cryptocurrency exchanges to discuss the application scenarios of stablecoins in Korea, international payment cooperation, and plans for a stablecoin based on the Korean won.

On the banking side, Allaire intends to hold "continuous meetings" with leaders from market-leading institutions such as KB Kookmin Bank, Shinhan Bank, and Hana Bank. Notably, KB Kookmin Bank met with Circle last June and has completed a feasibility concept test using the Circle Mint platform. On the trading platform side, Allaire also plans to meet with executives from Upbit operator Dunamu, as well as Bithumb, Coinone, and other trading platforms to discuss expanding USDC adoption, the Korean payment ecosystem, and measures to support cross-chain technology.

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