๐ถ๐ฆ๐
๐ฐ๐ท South Korea is launching its own โTetherโ โ but in won
Eight major Korean banks are teaming up to issue a KRW-pegged stablecoin through a joint venture, set to roll out by late 2025 after the Digital Assets Law is passed.
Key goals:
โข Challenge USD stablecoin dominance
โข Preserve monetary sovereignty in crypto
โข Enter the global remittance & Web3 markets
