Stablecoins Could Save South Korean Merchants Billions

The South Korean government's budget office has estimated that stablecoins could save merchants in the country up to $3.8 billion annually.

This prediction comes as the use of digital currencies continues to grow in South Korea, with many merchants adopting them for their convenience and efficiency.

However, it's worth noting that LCX AG, a crypto-asset service provider, is not currently authorized under the EU's MiCA regulation, which could impact its ability to offer services to persons in the European Economic Area pending authorization.