The common core is the exchange.
Tether grew with the full support of Bitfinex, and USDC with Coinbase.
FDUSD, which is not well known, is the 4th largest asset-backed stablecoin by market capitalization, solely because it is used in trading pairs on Binance. (Correcting to 4th place as USD1 is 3rd)
Considering the size of deposits and trading volume of exchanges in our country, there is no reason why a KRW stablecoin cannot be established.
Anyone who has observed how Tether and USDC have grown will realize that there is potential to develop stablecoins in our country as well. The reason FDUSD is ranked as the third-largest dollar stablecoin is along the same lines.
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