South Korea tests blockchain stablecoin in first government pilot

South Korea has launched its first government-backed blockchain stablecoin pilot after Gyeonggi Province confirmed an eight-month proof-of-concept program scheduled to begin in August. According to blockchain media outlet NexBlock, Gyeonggi Province, the country’s most populous province, will begin testing a…

Read Also

Brazil stablecoins face IMF scrutiny as crypto flows outpace capital

IMF has called for closer oversight of Brazil’s stablecoin market as cross-border crypto flows outpace traditional capital movements. According to

What is auto-deleveraging? When winning gets you closed

ADL force-closes profitable positions when liquidations cannot clear. Where it sits in the waterfall, how you get selected, and how

Lido unveils Ethereum staking overhaul with validator consolidation plan

Lido has introduced a major upgrade to its Ethereum staking infrastructure that supports higher validator balances and projects a one-third

Content