🤯 Korean Banks in Crypto Tryst! Stablecoin Scandal Revealed!

Parbleu! What fresh folly is this? 🤔

  • Behold! The grand financiers of the South seek audience with the mighty issuers of phantom coin, Tether and Circle! 🪙
  • They wish to traffic in dollar-pegged tokens and, for their next trick, conjure a stablecoin from the very soul of the won! 🇰🇷
  • All this, to fulfill the grand and most peculiar pledge of President Lee Jae Myung! A most ambitious, and some might say, ridiculous, endeavor! 🎩

Verily, the rumor-mongers at Yonhap whisper that the kingdom’s most illustrious financial houses are to parley with the masters of the digital ducat, Tether and Circle, with all haste! One can only imagine the spectacle! 🎭

In a series of most comical assignations, the lords of Shinhan, Hana, KB, and Woori shall attempt to broker partnerships for distributing these curious dollar-figments. And lo, they even dare to dream of minting their own coin, pegged to their own won! The sheer audacity! 😲

This madcap scheme springs from the new administration’s fervent, and frankly baffling, desire to build a market for these so-called ‘stable’ tokens. The central bank, in its wisdom, hath already shelved its own plans for a digital currency, seeing the madness that approaches! Meanwhile, the exchange Upbit, in league with Naver Pay, is already at work on its own contraption. A circus, I declare! 🎪

The farce is scheduled thusly: The CEOs, Jin Ok-dong and Ham Young-joo, shall first bend the knee to Circle’s President, one Heath Tarbert, on Friday. And then, in a display of most fickle loyalty, the same Ham is to grant an audience to an emissary from the court of Tether! KB and Woori, not to be outdone in this pantomime, are also arranging their own talks. What a merry dance of avarice and ambition! 💃

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2025-08-22 12:45