South Korea Weighs Liquidity Rules for Won Stablecoins After Wild Price Swings
South Korea is considering new liquidity rules for won stablecoins after local exchanges saw extreme price swings in supposedly “stable” tokens like PYUSD, JPYC, EURC, and USDG. Regulators are now weighing supply, redemption, and market-maker safeguards to stop thin markets from wrecking the peg.
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