World news
fromBitcoin Magazine
1 day agoSouth Korea To Approve Spot Bitcoin ETFs In Policy Shift
South Korea plans to allow spot bitcoin ETFs this year and impose strict stablecoin licensing, reserve, and cross-border transfer rules.
Stablecoins reduce settlement time, cross-border costs and enable programmable rewards. They outpace traditional credit card systems. US merchants pay over $100 billion in card fees yearly. In comparison, stablecoins offer much cheaper, faster payments. Ripple's RLUSD, Gemini's XRP Card and Moca's Air Shop show stablecoins moving into mainstream commerce. With big players exploring adoption, stablecoins are positioned to become central to US payment systems.