Circle has signed a memorandum of understanding with South Korea’s Kakao Group, according to a July 23 update cited by BlockBeats. The two sides will assess potential cooperation around blockchain-based payment infrastructure and digital asset technology. The scope under review includes the use of USDC in payment, settlement, and digital asset connectivity scenarios. The announcement outlines an evaluation framework rather than a confirmed product launch or deployment timeline. No additional commercial terms were disclosed in the brief update.
Circle has signed a memorandum of understanding with South Korea’s Kakao Group, according to a July 23 report from BlockBeats.
The two companies will assess potential cooperation on blockchain-based payment infrastructure and digital asset technology. The areas under review include the use of USDC for payments, settlement, and digital asset connectivity.
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