Toss and Toss Bank Partner with Circle on Stablecoin Payment Infrastructure on July 23

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According to an official announcement, Toss and Toss Bank signed a strategic memorandum of understanding with Circle Internet Group on July 23 to jointly explore stablecoin-based payment and settlement infrastructure. The three companies will examine the application of Circle's dollar stablecoin USDC and blockchain technology for payment and settlement, as well as cross-border payments, remittances, and real-time settlement. Future collaboration may expand to include won-denominated digital assets and tokenized financial services, subject to applicable regulatory requirements.
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