Stablecoins could save South Korean merchants up to $3.8 billion a year, budget office says

South Korea’s budget office warned that stablecoin adoption could reduce banks' roles as credit intermediaries and potentially destabilize token pegs during mass redemptions.

Melinda 44 minutes ago 1 minute read

Stablecoins could save South Korean merchants up to $3.8 billion a year, budget office says

South Korea’s budget office warned that stablecoin adoption could reduce banks’ roles as credit intermediaries and potentially destabilize token pegs during mass redemptions.