Upbit operator Dunamu and USDC issuer Circle signed an MOU in Seoul on April 13 to cooperate on crypto education, regulatory compliance, and market transparency. The initial focus is joint educational programs covering stablecoins and digital assets for Korean market participants. The deal is part of Circle CEO Jeremy Allaire's broader push into the Korean market, where Upbit dominates trading volume โ€” signaling Circle's intent to build USDC adoption infrastructure through the country's largest exchange operator rather than launching a won-pegged stablecoin.

TLDR by @Benthic

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