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[Reporter's Notebook] Won-Denominated Stablecoins Trapped by the '51% rule'... Missing the Golden Opportunity for Innovation.
Summary by ddaily.co.kr
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[Digital Daily Reporter Cho Yoon-jung] Discussions on institutionalizing a Korean Won stablecoin are gaining momentum. This is an attempt to finally inject digital assets into our financial market, overcoming the trauma of the "Terra-Luna incident" that shocked the world in 2022. However, the solution proposed by the ruling and opposition parties regarding who will manage this stablecoin is somewhat puzzling. It is the "consortium with a 51% or …
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