Digital Currency / Law
Add as a preferred source on GoogleThe final phase depends partly on pending stablecoin legislation whose structure has not been finalized.
South Korea’s Financial Services Commission (FSC) has placed stablecoin-linked payments at the final stage of its tokenization roadmap, tying rollout partly to pending stablecoin legislation.
The planned endpoint is on-chain payment infrastructure linked to stablecoins.
The FSC said timing for the second and third phases may vary with first-phase results and the pace of technological innovation.
The bill’s structure has not been finalized.
The next seven networks added about $19.2 million combined. NullMask, a privacy protocol, is also live on Arbitrum.
The product’s AUM was $2.36 billion, compared with $2.68 billion on Oct. 19. Maple’s third-quarter loan balance was $1.67 billion, down 9% from Q2 but up 12% year over year.
Trading was scheduled for 1 a.m. ET (06:00 UTC) on Nov. 10, subject to a possible delay if liquidity was insufficient.
