by: xpoolPosted on:

South Korea’s Presidential Candidate Proposes Won-Based Stablecoin for Financial Sovereignty

South Korean presidential candidate Lee Jae-myung has proposed a plan to introduce a won-based stablecoin, aiming to bolster the nation’s financial independence. This proposal comes in response to significant capital outflows stemming from reliance on USD-pegged stablecoins like USDT. The policy aims to reduce dependence on foreign options and strengthen South Korea’s economic control within the digital realm.

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