Stablecoins could save South Korean merchants up to $3.8 billion a year, budget office says

Crypto Insight Summary: South Korea’s budget office warned that stablecoin adoption could reduce banks' roles as credit intermediaries and potentially destabilize token pegs during mass redemptions. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Stablecoin adoption may affect traditional banking but unlikely to significantly impact crypto markets.