Opinion: South Korea Has Not Truly Entered the Stablecoin Sector Yet, Must First Address Why It Is Worth Using

Odaily reported that Yoon Seung-sik, Head of Tiger Research, stated that the Korean won stablecoin market currently does not have a real position. It is not lacking in potential, but Korea has not yet experienced sufficient market practice and discussion. Unlike the United States, which has gone through years of trial and error, regulation, and market evolution in the stablecoin sector, relevant discussions in Korea are only just beginning. The country’s financial infrastructure is already highly developed, and the real challenge lies in answering the question: “Why do consumers need to use a Korean won stablecoin?”

Yoon Seung-sik believes that the core keywords for the digital asset industry in the first half of this year are stablecoin, tokenization, and RWA. While AI Agent and DeFi have long-term potential, they are still some distance away from mass adoption at present. Stablecoins and tokenization have already accumulated numerous global practical cases, and are driving more institutions to accelerate their entry. He expects that in the second half of the year, the digital asset market will continue to focus on regulatory developments, the practical adoption of stablecoins and RWA, and new narratives in the retail market. (Etoday)