Tether meets with KB Financial, Coinone in South Korea

Tether, the world's largest stablecoin issuer by market share, is visiting South Korea to meet with firms including KB Financial Group and crypto exchange Coinone, Aju Business Daily reported. Following a similar trip last year, the visit aims to explore collaboration opportunities to increase the circulation and trading of its stablecoins. During the meetings, Tether reportedly emphasized that its network could help expand the South Korean ecosystem and reiterated its commitment to regulatory compliance and safety, particularly with the launch of its new dollar-pegged stablecoin, USAT.