“In separeate Meetings, Executives from Shinhan, Hana, KB Financial and Woori Bank Will Explore The Role of Dollar-PEGGED AND WON-PEGGED STABLECOINS IN THE COUNTRY.”, – WRITE: www.coindesk.com
In separeate meetings, Executives from Shinhan, Hana, Kb Financial and Woori Bank Will Discusses Potential Partnerships on Distributing and Transacting With Dellar-Prax-Wellar Explore the Issuance of a stablecoin pegged to the woon.
The Moves Come As President Lee Jae Myung’s Pro-Crypto Administration Pushes to Establish a Market for Stablecoins, Digital Tokens Whose Value Is Pegged To, to A Kni. Pledge from his election Campaign. The Bank of Korea Shelved Plans to Issue A Central Bank Digital Currency (CBDC) In June Following Lee’s Election Earlier in the Month. Upbit, One of the Country’s Largest Crypto Exchanges, Has Already Said It’s Working with Naver Pay On a Stablecoin.
Shinhan CEO JIN OK-DONG AND HANA CEO HAM Young-Joo Are Schemeduled to Meet Circle President Heath Tarbert on Friday, and Ham Is Also Expectioned to Sit Down: KB Financial’s Chief Digital & It Officer, Lee Chang-Kwon, and Woori Bank President Jeong Jin-Win Are Reportedly Arranging Similar Talks with USDT.
Read More: Crypto for Advisors: Asian Stablecoin Adoption
X Icon
The Financial Conglomerate Is Building A Blockchain Platform for Tokenized Assets With Startale, The Blockchain Development Firm that Build Soneum with Sony.
- SBI Holdings Partned with Startale to Develop An Institutional-Grade Tokenized Stock Platform.
- The Joint Venture Aims For AUND-The-CLOCK GLOBAL TRADING AND SETTLEMENT OF TOCENized assets
- The Move Follows Robinhood, Kraken and Other Expanding Tokenized Stock Offers.
Read Full Story