Interesting news from South Korea! The Governor of South Korea's central bank, Lee Chang-yong, has indicated a need for a stablecoin backed by the Korean won.
However, he's also stressed the importance of caution and careful implementation. This suggests a measured approach to integrating stablecoins into the financial landscape.
This could be a significant step for the adoption of digital currencies in South Korea, but with an emphasis on stability and regulatory considerations. More to follow, no doubt!