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South Korea’s Banking Giant Eyes Stablecoin Dominance with Consortium Push

South Korea’s Banking Giant Eyes Stablecoin Dominance with Consortium Push

Published:
2025-06-25 04:32:44
14
3

Seoul’s financial heavyweights are making their move—stablecoins just got a turbocharged institutional backer.

Why it matters: When traditional banks dive into crypto, they don’t bring life jackets—they build bridges (with tolls, naturally).

The playbook: Expect KYC-laden ‘regulated’ stablecoins, whispered partnerships with chaebols, and at least one exec calling blockchain ‘the future’ while secretly preferring SWIFT.

The kicker: This might finally be the project that makes ‘blockchain, not Bitcoin’ types admit they just want cheaper settlements.

Google News

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