Circle partners with Kakao, Toss Bank to explore stablecoin payment rails in South Korea

Circle is partnering with Kakao and Toss Bank to explore blockchain-based payment infrastructure in South Korea. This collaboration aims to establish stablecoin payment rails, leveraging Circle's USDC stablecoin. The partnership will focus on developing a seamless payment experience for consumers and businesses, potentially expanding Circle's global reach and adoption in the region.