Circle Signs Comprehensive Memorandum of Understanding with Upbit's Parent Company Dunamu to Expand Collaboration

BlockBeats News, April 13th, according to News1, stablecoin USDC issuer Circle has partnered with Dunamu, the operator of South Korea's largest virtual asset exchange Upbit, to collaborate in the field of stablecoins and other digital assets.

Dunamu has stated that it has signed a comprehensive Memorandum of Understanding (MOU) with Circle and is discussing collaboration plans in the digital asset field, including stablecoins, such as jointly promoting educational projects. This move aims to enhance market participants' information acquisition capabilities, thereby strengthening trust in the South Korean digital asset ecosystem.

In particular, Dunamu plans to collaborate with Circle, which has always complied with U.S. regulations and has been continuously expanding its business, to drive the South Korean digital asset market towards "healthy innovation."