Tether and Circle to Meet Korea Bank, Eye Asia’s Stablecoin Market
Tether and Circle, the issuers of the largest stablecoins by market capitalization, are set to meet with top executives from South Korea's leading banks. The discussions signal a strategic push into Asia's burgeoning stablecoin market, where regulatory clarity and institutional adoption are accelerating.
South Korea's financial sector has emerged as a key battleground for crypto innovation, with local exchanges processing record volumes. The involvement of traditional banking giants could further legitimize stablecoins as a bridge between fiat and digital assets.