CoinScoopSouth Korea's National Assembly Budget Office: Stablecoins could save merchants $3.8 billion annually
The National Assembly Budget Office of South Korea released a report indicating that KRW-pegged stablecoins could save merchants between 370 billion and 515 billion won annually. The central bank has expressed concerns regarding the potential marginalization of the banking sector.
Summaries are written by AI from the original article. Not investment advice.