[Circle Has No Plans to Issue a Korean Won Stablecoin] According to a report by Golden Finance, Circle President Heath Tarbert visited South Korea last week and held meetings with the Bank of Korea and South Korea's four major commercial banks (KB Kookmin Bank, Shinhan Bank, Hana Bank, and Woori Bank). Multiple media outlets reported that Circle has no intention of participating in the issuance of a Korean Won stablecoin. Mr. Tarbert aims to explore how banks can utilize its USDC token.