Opinion: South Korea Has Yet to Truly Enter the Stablecoin Arena — The Question "Why Use It?" Must Be Answered First

According to Yoon Seung-sik, Head of Tiger Research, the Korean won stablecoin market currently lacks a real position. This is not due to a lack of potential, but because South Korea has yet to undergo sufficient market practice and discussion. Unlike the United States, which has experienced years of trial and error, regulation, and market evolution in the stablecoin space, related discussions in South Korea have only just begun. 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 won stablecoin?"

Yoon Seung-sik believes that the core keywords for the digital asset industry in the first half of this year are stablecoins, tokenization, and RWA. While AI Agents and DeFi hold long-term potential, they still have a considerable distance from large-scale implementation. In contrast, stablecoins and tokenization have accumulated a wealth of global practical cases, driving more institutions to accelerate their entry. It is expected that in the second half of the year, the digital asset market will continue to focus on regulatory progress, the actual implementation results of stablecoins and RWAs, as well as new narratives for the retail market. (Etoday)