Lookonchain APP

App Store
Feeds Articles

Circle CEO to Visit Korea Next Week to Meet with Banks and CEXs to Drive USDC Adoption

2 hours ago

DL News reported on April 7 that as USDC trading volume continues to surge in South Korea, Circle CEO Jeremy Allaire plans to visit the country next week. He will meet with executives from major commercial banks and top cryptocurrency exchanges to discuss three key areas: USDC’s use cases in South Korea, international payment collaborations, and plans for a Korean won-backed stablecoin. On the banking front, Allaire intends to hold consecutive meetings with key leaders at leading institutions including KB Kookmin Bank, Shinhan Bank, and Hana Bank. Notably, KB Kookmin Bank met with Circle last June and has completed a feasibility concept test using the Circle Mint platform. For cryptocurrency exchanges, Allaire will also meet with Upbit operator Dunamu, plus executives from Bithumb, Coinone, and other exchanges. Discussions will cover expanding USDC adoption, South Korea’s payment ecosystem, and measures to support cross-chain technology.
Add to Favorites Download image Share x Copy link
Relevant content

US Official: Trump Was Like a 'Rabid Dog,' Defense Secretary and Secretary of State Were More Like Doves Compared to Him

On April 7, a U.S. source with multiple recent conversations with Trump told Axios that Trump could be the most hawkish member of his senior team on Iran. Another U.S. official slammed Trump as "the most bloodthirsty—like a mad dog" and downplayed claims that Defense Secretary Pete Hegseth or Secretary of State Marco Rubio are goading him, adding: "Compared to the president, those guys all sound like doves." Trump has started floating ideas to advisers and confidants about targeting power plants and bridges, asking: "What do you think of the 'Infrastructure Day' idea?" BlockBeats previously reported that Trump publicly labeled Defense Secretary Pete Hegseth a "war starter."

1 minutes ago

CME Group to Launch AVAX and SUI Futures Contracts

On April 7, the Chicago Mercantile Exchange Group (CME Group) announced plans to launch Avalanche (AVAX) and Sushi (SUSHI) futures contracts on May 4, 2026—pending regulatory review—further expanding its regulated cryptocurrency derivatives product line.

1 minutes ago

Roobinhood Launches ORCA

April 7th: Market reports confirm Roobinhood has launched ORCA.

1 minutes ago

South Korean Regulatory New Rule Requires Crypto Exchanges to Verify Asset Holdings Every 5 Minutes

On April 7, South Korea’s Financial Services Commission (FSC) ordered all cryptocurrency exchanges to reconcile their internal ledgers with actual asset holdings every five minutes—this after uncovering internal control vulnerabilities at several major platforms. The regulatory action stemmed from a February incident at Bithumb: the exchange mistakenly distributed 620,000 bitcoins to 249 users during a promotion. Ninety-nine point seven percent of the funds were recovered the same day, while the remaining 0.3% (1,788 BTC) was covered by Bithumb’s reserves. An FSC inspection further revealed that three of South Korea’s top five exchanges only reconciled ledgers once every 24 hours, limiting their ability to quickly respond to discrepancies. Additionally, these exchanges’ systems for suspending trading during major ledger mismatches were found inadequate.

1 minutes ago

Iranian TV: All Diplomatic Negotiation Channels Frozen After Trump Threat

April 7: Iranian state TV reported that all diplomatic channels and indirect negotiations have been frozen following recent threats from Trump.

1 minutes ago

Fed's Williams: Impact of Middle East Conflict Will Boost Headline Inflation, But Have Little Effect on Core Inflation

On April 7th, New York Fed President William Williams stated that Iran tensions are pushing up overall inflation. The Federal Reserve remains focused on core inflation, which has seen little change despite the Middle East conflict. Inflation is projected to be around 2.75% this year, with tariffs still a key factor in the inflation outlook. Currently, monetary policy is in a favorable "wait-and-see" position.

1 minutes ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18

When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.

2026.01.31 18:37:29

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

2024.12.03 23:09:08

 More

Hot Articles

Follow us

X

Follow

Telegram

Join