[Helena Oh] Why stablecoins are moving toward public blockchains

In the late 1990s, Korea’s PC communication services operated on a simple premise: The network itself was the service. Platforms such as Chollian, NowNuri and Hitel each created their own enclosed digital worlds, where users read news, joined chat rooms and formed online communities. Yet the market did not ultimately reward the largest proprietary network. It shifted toward open standards. With the adoption of TCP/IP, HTTP and web browsers, anyone could connect using the same protocol, and anyon

By The Korea Herald