People line up to enter a Circle event in Seoul, April 13. Screenshot from Circle’s LinkedIn

Circle is stepping up its push into Korea with an invitation-only gathering in Seoul, industry officials said Monday, as the issuer of the USDC stablecoin seeks closer ties with banks, crypto exchanges and payments companies.

The event, called Current Seoul, will be held July 23 at Josun Palace. It follows CEO Jeremy Allaire’s visit to Korea about three months ago, when he met with local financial companies to explore potential partnerships.

Held under the theme “Korea at a Crypto Inflection,” the gathering is expected to draw senior executives from crypto exchanges, banks, payments companies and super-app operators. Discussions will focus on…