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Nalezeno "stablecoin proposal": 17

South Korean presidential front-runner proposes won-based stablecoin


South Korea’s Democratic Party leader Lee Jae-myung has proposed the creation of a stablecoin tied to the Korean won to prevent capital outflows and strengthen national financial sovereignty.Speaking during a recent policy discussion, Lee argued that a won-based stablecoin would allow South...

Aave Summoning GHOsts With a New Native Stablecoin Proposal


Popular decentralized finance (DeFi) protocol Aave (AAVE) has proposed to the decentralized autonomous organization (DAO) the introduction of a native, decentralized, fully collateral-backed, USD-pegged stablecoin on the Ethereum (ETH) mainnet – dubbed GHO. “Calling all GHOsts,” said Aave...

LUNA on the Rise as South Korean City Mulls Terra Stablecoin Proposal


Terra’s LUNA token is enjoying a rapid burst of growth, with prices up almost 9% on the past 24 hours – following news that the South Korean firm may be working on local stablecoin-related plans with the nation’s second city, Busan. At 09:05 UTC, LUNA, ranked 21st by market capitalization, trades...

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