🇰🇷 South Korea is preparing to launch a won-based stablecoin
⚖️ The Bank of Korea is considering the issuance of a digital token pegged to the won to reduce dependence on foreign currencies.
📉 The country's currency reserves are declining, and regulators are tightening control over the industry.
📊 The new initiative could simplify local settlements and reduce the influence of the dollar.
#PJW #USDT #USDC #Korea #Stablecoin
🔔 Follow market movements with PJW.
