Circle has no plans to issue a Korean won stablecoin.

[Circle has no plans to issue a Korean won stablecoin] In the past week, Circle President Heath Tarbert visited South Korea and held talks with the Central Bank of Korea and the four major commercial banks in Korea (Kookmin Bank, Shinhan Bank, Hana Bank, and Woori Bank). Multiple media outlets reported that Circle has no intention of participating in the issuance of a Korean won stablecoin. Mr. Tarbert aims to explore how banks can utilize its USDC Token.

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