Binance and Tether are eyeing Korea’s stablecoin rules that may boost coins pegged to the South Korean won or strengthen USD dominance.
South Korea has become a key focus in the global stablecoin conversation as it draws close attention from major players like Binance and Tether.
Both companies are among the largest stablecoin issuers worldwide, and they both could face major challenges depending on how new regulations unfold in the East Asian nation.
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Author: Dilip Kumar Patairya