Lee Jae-myung Proposes Won-Back Stablecoin and Legalized Crypto ETFs for South Korea

South Korean presidential candidate Lee Jae-myung has unveiled a plan to reshape the country’s digital currency landscape. He proposes introducing a stablecoin tied to the won, aiming to reduce reliance on USD-backed alternatives and potentially saving billions lost to foreign markets. His platform also advocates for legalizing spot cryptocurrency ETFs, simplifying digital asset trading for both individuals and institutions. This ambitious strategy seeks to boost local trade while minimizing capital outflow.