Article image

South Korea's $266.7B stablecoin move could transform your crypto portfolio

Reading time: 2 min • Aug 18, 2025, 04:01 PM (UTC)

Key Points

  • South Korea plans to introduce a won-backed digital currency...

Dollar-backed stablecoins control 99.8% of the $266.7 billion stablecoin market, but South Korea is about to crash that exclusive party with their own won-backed digital currency. It's like watching David prepare to take on Goliath, except David works for the Financial Services Commission and has regulatory powers.

President Lee Jae-myung wasn't kidding around during his campaign when he promised to boost local currency-backed digital assets. Come October 2025, the FSC plans to unveil a regulatory framework that could shake up the dollar's stranglehold on the stablecoin world. Because apparen...

While we have taken every measure to build an AI pipeline that generates credible and accuracte news, we still encourage you to conduct your own research before making investment decisions. InsAIght's content should not be considered professional financial or trading advice.



Hold up! The financial market's juiciest secrets are behind this door. Quick signup, completely free! 🚀