RE: LeoThread 2025-08-05 10:58
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Asian regulators in places like Seoul and Manila are working quickly to approve local-currency stablecoins after the U.S. "Genius Act" boosted the use of dollar-linked tokens.
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Companies such as JD, Ant Group, and KakaoPay are considering issuance, while China hints at yuan-based tokens amidst concerns of capital flight and dominance by the $256 billion USDC market.