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Wu Blockchain (@WuBlockchain): Eight major banks in South Korea are working with the Open Blockchain and DID Association and the Financial Settlement Institute to establish a Korean…

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Eight major banks in South Korea are working with the Open Blockchain and DID Association and the Financial Settlement Institute to establish a Korean won stablecoin joint venture. This project is the first time that the banking industry has entered the digital asset field in the form of a consortium. The initial plan includes two stablecoin models: trust-based and deposit-linked. https://t.co/b54TtCljFn

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