South Korea is taking action! Is the on-chain Korean won coming?
The government is personally stepping in to create a Korean won version of a digital stablecoin, aiming to curb capital outflows and impact the global stablecoin landscape.
🔹 In the first quarter, nearly 20 billion left overseas, with over 40% being stablecoins.
🔹 The digital Korean won is on the verge of emergence, potentially becoming a sovereign chip on-chain.
🔹 Integration of reserves and DeFi to seize future financial discourse power.
In the second half of global stablecoins, will South Korea take the lead?