South Korea’s budget office warned that stablecoin adoption could reduce banks’ roles as credit intermediaries and potentially destabilize token pegs during mass redemptions.
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Stablecoins could save South Korean merchants up to $3.8 billion a year, budget office says
⚡ Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry significant risk. Always do your own research (DYOR) before making any investment decisions.
