Will Lee Jae-myung’s Won-Backed Stablecoin Stem Korea’s $40.8B Crypto Outflow?

South Korea’s presidential hopeful Lee Jae-myung has outlined a won-backed stablecoin market that he says will plug a ₩56. 8 trn crypto capital leak, lessen dependence on USDT/USDC, and complement plans to legalize spot crypto ETFs and regulated institutional investments. The post Will Lee Jae-myung’s Won-Backed Stablecoin Stem Korea’s $40. source: https://cryptonews.com/news/lee-jae-myung-won-backed-stablecoin-40-8b-outflow/