Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Stable Coins Forum => Topic started by: RapidRabbit on February 04, 2019, 12:02:31 PM
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South Korea has just announced launching their stable coin, based on their national currency, won, at the 1:1 ratio. More about it here: https://www.reddit.com/r/BlockChain24/comments/an00qi/south_korea_launches_wonbased_stablecoin/
What do you think about this idea? It would be much better too me if it in this case would be supported by government...
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Of course, it would be much better if stable coins were issued by the government of the state, in this case South Korea, and not by some BxB Inc. A separate firm cannot guarantee the maintenance of its stable currency in national currency.
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We know that now South Korea is very advanced and open to cryptocurrency, if South Korea starts making stable coins, then I make sure this will be a benchmark for the extent to which South Korea accepts cryptocurrency.
The stable coin must be the same as the existing supply, if we can't audit it then it will collapse to Korea WON.
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Should be great for adoption
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Very soon many countries will issue their own stable coins, it has to help promote the crypto world, at least I hope so
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Should be great for adoption
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