south korea stablecoin,south korea digital asset, dollar stablecoin, genius act, stablecoin summer, President Lee Jae Myung, krw stablecoin. Photo by BeInCrypto Ten of the world’s largest banks, including Citi, Deutsche Bank, UBS, Barclays, MUFG, Santander, and Bank of America, are exploring the launch of stablecoins pegged to major G7 currencies.  The initiative aims to create a network of interoperable digital tokens backed 1:1 by fiat reserves such as the US dollar, euro, pound, and yen. The project i ...