🇰🇷 South Korean banks launch their own ‘Tether’.\nEight largest banks in South Korea are creating a joint company to issue a stablecoin pegged to the South Korean won.\nMain objectives:\n➤ To weaken the dominance of dollar-pegged stablecoins.\n➤ To maintain sovereignty in the field of digital assets.\n➤ To enter the global remittance and WEB3 markets.\nThe project is set to start by the end of 2025 — after the adoption of the digital asset law.$USDC \n