Stablecoins Could Save Korean Merchants $3.8 Billion Annually
Stablecoins could save South Korean merchants up to $3.8 billion a year, budget office says
Stablecoins could help South Korean merchants reduce their payment costs by as much as $3.8 billion a year, according to the country’s budget office.
The estimate highlights the potential impact of using digital tokens designed to maintain a stable value for commercial payments. Lower transaction costs could be significant for businesses, although the information available does not specify the assumptions, payment volumes or implementation conditions behind the estimate.
The finding adds to the broader policy discussion in South Korea over how stablecoins could be used in the economy and what regulatory framework would be needed to support their adoption.
