South Korea's banking sector is making a bold DeFi move. A consortium of local banks, teaming up with Wemade, is rolling out a KRW-pegged stablecoin through their StableNet infrastructure. The goal? Exporting what they're calling "K-finance" to the global stage.

Think about it—Korea already conquered entertainment and pop culture worldwide. Now they're betting blockchain-backed financial products could be their next breakout hit. Will stablecoins become Korea's newest cultural export alongside BTS and Squid Game? Traditional finance meeting crypto rails is always fascinating to watch, especially when entire banking systems get involved.