Circle and Dunamu sign MOU to develop stablecoin collaboration and digital asset education in Korea
Alyssa Davidson
Posted: Apr 13, 2026 6:59 AM Updated: Apr 13, 2026 6:59 AM
Edit and fact check date: April 13, 2026, 6:59 AM
briefly
Circle is collaborating with Upbit operator Dunamu on stablecoin initiatives and cryptocurrency education in South Korea to enhance transparency, regulatory alignment, and institutional adoption amidst increased USDC activity.
USDC stablecoin issuer Circle announced a partnership with Upbit exchange operator Dunamu to collaborate on a wide range of digital asset development efforts, including stablecoin-related initiatives and educational programs to strengthen transparency and trust in the Korean cryptocurrency market.
According to Dunamu, it has signed a comprehensive memorandum of understanding (MOU) with Circle to establish a collaborative framework that includes joint initiatives such as educational programs covering digital assets and stablecoins. The company said the goal of these initiatives is to improve the credibility of the domestic digital asset ecosystem by expanding access to market information and increasing investor understanding.
The collaboration with Circle is expected to support what it describes as “healthy innovation” within South Korea’s digital asset sector and highlights Circle’s experience operating within the US regulatory framework. The company reportedly views this regulatory alignment as an important model for developing compliant digital asset services in local markets.
According to Circle CEO Jeremy Allaire, South Korea represents an important market for digital asset innovation and expressed support for collaboration with Dunamu based on its strong regulatory compliance standards.
Circle Expands Strategic Presence as Stablecoin Activity Intensifies in Korea.
This partnership forms part of Circle’s broader strategic drive in Korea. In parallel, the company recently revealed that senior executives are expected to participate in meetings with representatives of the country’s major banks and cryptocurrency exchanges as interest in stablecoins continues to grow.
Market activity related to USD coins is also known to have intensified in Korea. Trading data shows that USD Coin has captured a significant share of major domestic exchanges, including almost all trading activity on Korbit and a significant portion of Coinone trading in the last 24 hours.
Circle’s Chief Executive Officer Jeremy Allaire is expected to hold discussions with senior industry figures during his upcoming visit, and local reports say the engagement will focus on operational and business-level collaboration across the financial and digital asset sectors.
These developments come amid growing momentum in the Korean cryptocurrency sector, where policymakers are advancing the regulatory framework around stablecoins and the country’s major financial and securities institutions are increasingly exploring entry strategies into the digital asset market through partnerships and acquisition activities.
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About the author
As a dedicated journalist at MPost, Alisa specializes in the broad areas of cryptocurrency, AI, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.
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As a dedicated journalist at MPost, Alisa specializes in the broad areas of cryptocurrency, AI, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.
more articles