🦖South Korean Giants are Finally Entering the Web3 Stable Coin Arena.

1) Today, news broke that Toss(VivaRepublica), South Korea’s leading unlisted fintech unicorn, is preparing to launch its own mainnet and issue its own cryptocurrency.

2) https://www.blockmedia.co.kr/archives/1073826

3) For a long time, the Korean Web3 scene lacked "Big Companies."

4) Following the $LUNA collapse, draconian regulations essentially stifled any major corporate movement. As a result, the domestic Web3 infrastructure was decimated, leaving the "Stablecoin Infrastructure" and "Payment Railways" as a complete vacuum—unclaimed territory waiting for a leader.

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11) Why is this happening now?

12-14) The most critical signal comes from the top. Shin Hyun-song, the incoming Governor of the Bank of Korea and former BIS Chief Economist, has made a significant pivot. Previously bearish on the sector, he recently stated that "the coexistence of stablecoins and CBDC is possible."

15) https://www.hani.co.kr/arti/economy/finance/1252850.html

16) The implications are clear: KRW-based stablecoins are now becoming a matter of national policy.

17) The next "Big Company"—a positive successor to the scale of $LUNA—is highly likely to emerge from the leaders of this stablecoin infrastructure.

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