Stablecoins could save South Korean merchants up to $3.8 billion a year, budget office says
CoinDesk· Francisco Rodrigues· Sep 8, 2026 · 9:51 AM
South Korea’s budget office warned that stablecoin adoption could reduce banks' roles as credit intermediaries and potentially destabilize token pegs during mass redemptions.
This is a summary. Read the complete story at CoinDesk below.
Read full article at CoinDeskRelated Stories
cryptoabout 8 hours ago
Inside the last-minute political breakdown that doomed the Clarity Act vote
Last minute, behind-the-scenes disputes locked in a dismal showing for the market structure legislation the industry pinned its greatest hopes on.
CoinDesk
cryptoabout 8 hours ago
BIS paper finds major gap in Bitcoin onchain transfer estimates
A BIS study found widely used crypto metrics can obscure economic activity, with measurement challenges spanning Bitcoin, Ethereum and stablecoins.
Cointelegraph
cryptoabout 9 hours ago
Crypto stocks slide after CLARITY Act fails to advance in Senate
Circle and Coinbase shares fell about 10% as the failed Senate vote weighed on crypto-linked equities, with Bitcoin miners and treasury companies also declining.
Cointelegraph