Circle CEO to meet with Dunamu to promote USDC in South Korea

Jeremy Allaire, founder and CEO of USD Coin (USDC) issuer Circle, is scheduled to visit South Korea on April 13 for a series of meetings with banks and crypto exchanges, BizWatch reported. According to the report, Allaire will meet with Dunamu, the operator of South Korea's largest exchange Upbit, as well as Bithumb and Coinone. He is expected to sign a memorandum of understanding (MOU) with Dunamu related to stablecoins. The two companies will reportedly collaborate to promote the domestic distribution of USDC.