{"id":9086,"date":"2026-06-05T07:10:40","date_gmt":"2026-06-05T07:10:40","guid":{"rendered":"https:\/\/acudc.com\/?p=9086"},"modified":"2026-06-05T07:11:34","modified_gmt":"2026-06-05T07:11:34","slug":"circle-execs-korean-visit-no-plans-to-issue-a-won-stablecoin","status":"publish","type":"post","link":"https:\/\/acudc.com\/th\/circle-execs-korean-visit-no-plans-to-issue-a-won-stablecoin\/","title":{"rendered":"Circle exec\u2019s Korean visit: no plans to issue a won stablecoin"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"9086\" class=\"elementor elementor-9086\">\n\t\t\t\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-624d676d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"624d676d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b01699e\" data-id=\"5b01699e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-309872b elementor-widget elementor-widget-image\" data-id=\"309872b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"729\" height=\"472\" src=\"https:\/\/acudc.com\/wp-content\/uploads\/2026\/06\/News0605.03.png\" class=\"attachment-large size-large\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/acudc.com\/wp-content\/uploads\/2026\/06\/News0605.03.png 729w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/06\/News0605.03-300x194.png 300w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/06\/News0605.03-18x12.png 18w\" sizes=\"(max-width: 729px) 100vw, 729px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d5cd177 elementor-widget elementor-widget-text-editor\" data-id=\"7d5cd177\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Image by Ledger Insights<\/p><p>During the past week Circle\u2019s President Heath Tarbert visited Korea and held meetings with the central bank and big four commercial banks, KB Kookmin, Shinhan, Hana and Woori. Multiple news outlets reported that Circle has no intention of participating in the issuance of a won stablecoin. Instead, Mr Tarbert aimed to discuss how banks could leverage its USDC token, which reached a market capitalization of $70 billion yesterday.<\/p><p>Most of Korea\u2019s large banks are part of a consortium that\u2019s exploring the issuance of stablecoins. Currently stablecoins in Korea are unregulated, with two sets of competing draft laws submitted to the National Assembly. However, this legislation will primarily address domestically issued stablecoins, rather than offshore tokens.<\/p><p>Korean news outlets speculated that part of Circle\u2019s strategy was to extend the usage of USDC for remittances and cross border payments. Mr Tarbert may also have aimed to persuade banks to adopt USDC before the topic of offshore tokens is addressed by legislation. While that might sound counterintuitive, there\u2019s some logic to this approach.<\/p><p>Retrieved from:\u00a0<a href=\"https:\/\/www.ledgerinsights.com\/circle-execs-visit-to-korea-no-plans-to-issue-a-won-stablecoin\/\"><u>https:\/\/www.ledgerinsights.com\/circle-execs-visit-to-korea-no-plans-to-issue-a-won-stablecoin\/<\/u><\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Image by Ledger Insights During the past week Circle\u2019s President Heath Tarbert visited Korea and held meetings with the central bank and big four commercial banks, KB Kookmin, Shinhan, Hana and Woori. Multiple news outlets reported that Circle has no intention of participating in the issuance of a won stablecoin. Instead, Mr Tarbert aimed to &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/acudc.com\/th\/circle-execs-korean-visit-no-plans-to-issue-a-won-stablecoin\/\"> <span class=\"screen-reader-text\">Circle exec\u2019s Korean visit: no plans to issue a won stablecoin<\/span> Read More &raquo;<\/a><\/p>","protected":false},"author":8,"featured_media":9071,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[15,9],"tags":[73],"_links":{"self":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/9086"}],"collection":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/comments?post=9086"}],"version-history":[{"count":4,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/9086\/revisions"}],"predecessor-version":[{"id":9090,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/posts\/9086\/revisions\/9090"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/media\/9071"}],"wp:attachment":[{"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/media?parent=9086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/categories?post=9086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/acudc.com\/th\/wp-json\/wp\/v2\/tags?post=9086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}