๐ข๐ถ South Korea Races to Launch Won-Backed Stablecoins Before Dollar Dominates!๐ธ
๐ฟ Rep. Min Byoung-dug warns Korea risks losing monetary sovereignty if it doesnโt act fast on stablecoins. ๐ฅ
๐ธ Dollar-pegged tokens are spreading in global trade.
๐ธ Korean businesses are already paying employees in dollar stablecoins.
๐ธ Delays in regulation = lost control over domestic payments.
๐ท Minโs plan? Launch won-backed stablecoins to protect the economy and open new growth opportunities for small businesses and cultural payments. ๐ฐ๐ท๐ฐ
๐ With $57T in dollar stablecoin trades in Q1 alone, Korea could soon leapfrog into the stablecoin race โ but speed is everything. โก
