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South Korean lawmaker urges faster won-backed stablecoin rollout

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  • Democratic Party of Korea lawmaker Ahn Do-geol urged South Korea to accelerate a won-backed stablecoin.
  • Analysis estimated annual merchant fees could fall 5.2 trillion won if stablecoins replace 30% of card payments.
  • Ahn will discuss stablecoin use and institutional challenges at Eastpoint: Seoul 2026 on the 28th.
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