South Korean banks plan won-pegged stablecoin launch by 2026

Eight major banks in South Korea are working on a stablecoin backed by the won, aiming to protect the currency from the growing US dollar dominance.

Jun 25, 2025 - 13:10
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South Korean banks plan won-pegged stablecoin launch by 2026

South Korean banks plan won-pegged stablecoin launch by 2026

Eight major banks in South Korea are working on a stablecoin backed by the won, aiming to protect the currency from the growing US dollar dominance.