《Upbit is Panicking: A Hasty Counterattack to Regain Stablecoin Market Share》 (Author: c4lvin, Translated by Chopper, Foresight News) Upbit launched a promotion in July-August to lower stablecoin trading fees, quickly listed RLUSD and USDG, and boosted stablecoin trading volume. However, the hype faded within a week, with USDT dominating at nearly 97-98%. Coinone's permanent zero-fee policy is capturing the market, making it hard for Upbit to divert USDT users. In the long term, regulation will be the key variable. Policies around KRW stablecoin licenses and reserves remain undecided. Upbit needs to focus on distributing USD stablecoins and expanding its payment ecosystem. Read the full article: https://www.(wublock123.com)/articles/article-59366