South Korean banks plan won-pegged stablecoin launch by 2026

Eight major banks in South Korea are working on a stablecoin backed by the won, aiming to protect the currency from the growing US dollar dominance. source: https://cointelegraph.com/news/korean-banks-to-launch-won-pegged-stablecoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound