South Korea's financial landscape is set for a major transformation as eight of its largest banks, including KB Kookmin, collaborate with regulators to launch a Korean won-pegged stablecoin. This initiative marks a significant advancement in the nation's digital asset strategy. KB Kookmin has already filed 17 trademarks, signalling its proactive role. The consortium aims to establish a joint venture for issuance, considering both trust and deposit-linked models, with a potential launch by late 2025 or early 2026. This move, supported by new legislation, seeks to enhance financial stability, reduce reliance on foreign currencies, and position South Korea as a leader in regulated digital currency innovation.$BTC $PEPE $WCT