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Tether Executives Meet with Major South Korean Financial Institutions to Discuss Stablecoin Collaboration

Summary: According to reports from Cryptonews citing South Korean media MoneyS, on September 8, several Tether executives met with Jin Ok-dong, Chairman of Shinhan Financial Group in Seoul to discuss stablecoin collaboration. Additionally, KB Kookmin Bank Vice President Cho Young-seo is expected to meet with Tether representatives on September 10; KEB Hana and Woori had initial ...

According to reports from Cryptonews citing South Korean media MoneyS, on September 8, several Tether executives met with Jin Ok-dong, Chairman of Shinhan Financial Group in Seoul to discuss stablecoin collaboration. Additionally, KB Kookmin Bank Vice President Cho Young-seo is expected to meet with Tether representatives on September 10; KEB Hana and Woori had initial contact on August 26, and Tether also plans to engage with the new bank Toss. Previously, Shinhan had discussions with Heath Tarbert, head of USDC issuer Circle last month.

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