Circle CEO Jeremy Allaire said the company has no plans for a Korean won-pegged stablecoin for now and will focus on compliance in South Korea. Jeremy Allaire said Circle would apply for licenses, open a local branch, and provide technical support to Korean institutions issuing stablecoins if South Korea creates a legal path for global firms.
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Circle Sees No Won Stablecoin Launch for Now, Focuses on South Korea Compliance
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