Circle Signs Kakao as Second Asian Stablecoin Partner in Nine Days. Korea’s Regulatory Vacuum Is the Real Story.
Circle’s recent activity in Asia follows a deliberate, sequential expansion strategy. On July 14, 2026, Circle inked a deal with Japanese payments giant JCB. Just nine days later, on July 23, the USDC issuer announced a non-binding strategic memorandum of understanding (MOU) with the Kakao Group. This rapid succession of agreements indicates a coordinated effort…