Circle and Upbit's parent company, Dunamu, signed a comprehensive memorandum of understanding to begin cooperation.

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According to News1, on April 13, BlockBeats reported that Circle, the issuer of the stablecoin USDC, has partnered with Dunamu, the operator of Upbit, South Korea's largest virtual asset trading platform, to collaborate in the field of stablecoins and other digital assets.

Dunamu stated that a comprehensive Memorandum of Understanding (MOU) has been signed with Circle, and they are discussing cooperation plans in the digital asset field, including stablecoins, such as jointly promoting education projects. This move aims to enhance the information accessibility of market participants, thereby strengthening trust within the South Korean digital asset ecosystem.

In particular, Dunamu plans to promote "healthy innovation" in the South Korean digital asset market by partnering with Circle, which has consistently complied with US regulations and continued to expand its business.

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