[Circle Plans to Expand Stablecoin Ecosystem in South Korea, Hiring Senior Director of Ecosystem Growth] According to Digital Asset, Circle is advancing the expansion of the stablecoin ecosystem in South Korea and has publicly announced the recruitment of a Senior Director of Ecosystem Growth based in South Korea. This position is primarily responsible for developing market entry strategies for South Korea, collaborating with local financial and digital asset industries, monitoring regulatory developments, and identifying application opportunities for USDC and related infrastructure in South Korea. In its South Korea market report released in July, Circle stated that it prefers to collaborate with local Korean won stablecoin issuers and provide infrastructure connecting to U.S. dollar stablecoins, rather than directly issuing Korean won stablecoins in South Korea.