DigitalWon

🇰🇷 South Korea’s Banking Titans Unite for a Won-Backed Stablecoin!
📢 In a groundbreaking move, 8 of South Korea’s largest banks are joining forces with the Open Blockchain & DID Association and the Financial Settlement Institute to launch a won-pegged stablecoin — signaling a bold shift in the nation’s digital finance landscape.
💡 This is more than just a tech collaboration — it’s a strategic leap into digital currency infrastructure, directly from the banking sector.
🔐 But it comes with a word of caution:
The Bank of Korea urges a measured approach, likely mindful of monetary policy and financial stability.
🌐 Why this matters:
This could be Asia’s most influential stablecoin experiment — with potential to set standards for other central banks and financial institutions globally.
📣 The stablecoin race is heating up — and South Korea is making it clear: they want a seat at the top of the table.
🔍 Would you trust a stablecoin issued by your national banks?
#Stablecoin #DigitalWon #Web3 #SouthKorea #Blockchain
https://coingape.com/south-koreas-banking-giants-team-up-for-won-backed-stablecoin-project/