EconomyStablecoins could save South Korean merchants up to $3.8 billion a year, budget office says
South Korea’s budget office said stablecoin adoption could save merchants as much as $3.8 billion annually. It also warned that stablecoins could diminish banks’ role as credit intermediaries and destabilize token pegs during mass redemptions.
Stablecoins could save South Korean merchants up to $3.8 billion a year, budget office says
Economy