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Stablecoins could save South Korean merchants up to $3.8 billion a year, budget office says

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Importance 33Neutral* Trust 85 · 1 source3.0Market Impact: 3.0/10 · Low
The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.
Stablecoins could save South Korean merchants up to $3.8 billion a year, budget office says

South Korea’s budget office warned that stablecoin adoption could reduce banks' roles as credit intermediaries and potentially destabilize token pegs during mass redemptions.

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