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      Won Stablecoins Could Save South Korean Merchants $3.8 Billion a Year, but None Exists Yet

      South Korea's budget office estimates won-denominated stablecoins could cut merchants' annual card fees by up to 5.15 trillion won, about 3.8 billion dollars. The savings depend on how much card spending shifts to stablecoins, which the country has yet to launch.

      Source: Coinpaprika
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud