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      tldr; Executives from stablecoin issuers Tether and Circle are set to meet with South Korea’s top banking CEOs to discuss the distribution and use of dollar-pegged stablecoins and the potential issuance of won-backed stablecoins. This comes as South Korea prepares a legal framework for stablecoins. The meetings highlight the evolving regulatory landscape and the interest in integrating stablecoins into the domestic financial system, despite past regulatory restrictions on foreign crypto institutions in the country.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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