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Deep Tide TechFlow News, April 15, according to DL News, Circle's CEO Jeremy Allaire stated that the company currently has no plans to launch a Korean won-pegged stablecoin, but is closely monitoring legislative developments in South Korea and seeking to expand its business within the local compliance framework. If South Korea establishes a legal pathway that allows global companies to enter, Circle is willing to apply for licenses and set up a local branch, while also providing technical support for Korean institutions to issue stablecoins.