Kakao partners with Circle to develop stablecoin Won payment infrastructure

• Kakao Group and Circle have signed a Memorandum of Understanding (MOU) to promote the adoption of stablecoins.
• Partnership goal: Explore stablecoin Won payment solutions, remittances, settlement for merchants, and tokenized financial services.
• This event marks an important step forward in bringing digital assets into real-world payment infrastructure within South Korea.

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Source: CoinTelegraph