Bank of Korea Deputy Governor Yoo Sang-dae warned that the growing moneyness of stablecoins could significantly affect South Korea's monetary policy, financial stability, and payment systems, urging a cautious, phased approach to their adoption.
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https://en.infomaxai.com/news/articleView.html?idxno=69075
Bank of Korea's Yoo Sang-dae Says 'Moneyness of Stablecoins Could Impact Monetary Policy and Financial Stability'
Bank of Korea Deputy Governor Yoo Sang-dae warned that the growing moneyness of stablecoins could significantly affect South Korea's monetary policy, financial stability, and payment systems, urging a cautious, phased approach to their adoption.