Crypto is in chaos, but blockchain-based payments and stablecoins are thriving in South Korea

More and more local governments are also turning to Chak, where media reports from 270,000 vendors and franchisees were picked up in the first half of this year. More than 1.1 million people have started using the platform for payments, and the cumulative total value of gift cards purchased on Chak to date is approximately $ 1.7 billion.

But the Chak platform’s largest customers by far appear to be local governments. City and provincial governments have paid civil servant bonuses and other fees using Chak certificates instead of fiat, and have so far spent a whopping $ 76.2 million on the platform.

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proximately $ 1.7 billion. But the Chaka platform’s largest customers by far appear to be local governments. City and provincial governments have paid civil servant bonuses and other fees using Chaka certificates instead of fiat, and have so far spent a whopping $ 76.2 million on the platform. Join our Facebook group and Telegram group News to chat with more than 10,000 other people and share information about the crypto currency market. proximately $ 1.7 billion. But the Chaka platform’s largest customers by far appear to be local governments. City and provincial governments have paid civil servant bonuses and other fees using Chaka certificates instead of fiat, and have so far spent a whopping $ 76.2 million on the platform. Join our Facebook group and Telegram group News to chat with more than 10,000 other people and share information about the crypto currency market. proximately $ 1.7 billion. But the Chaka platform’s largest customers by far appear to be local governments. City and provincial governments have paid civil servant bonuses and other fees using Chaka certificates instead of fiat, and have so far spent a whopping $ 76.2 million on the platform. Join our Facebook group and Telegram group  News to chat with more than 10,000 other people and share information about the crypto currency market.