Opinion: South Korea Has Yet to Truly Enter the Stablecoin Arena; First, It Needs to Answer Why They Are Worth Using

Odaily Planet Daily News: Tiger Research CEO Yoon Seung-sik stated that the Korean won stablecoin market currently lacks a true position. This is not due to a lack of potential, but because South Korea has not yet undergone sufficient market practice and discussion. Unlike the United States, which has experienced years of trial and error, regulation, and market evolution in the stablecoin sector, related discussions in South Korea are just beginning. South Korea's financial infrastructure is already highly developed, and the real challenge lies in answering the question, "Why would 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 stablecoins, tokenization, and RWA. While AI Agents and DeFi have long-term potential, they are still far from large-scale implementation. In contrast, stablecoins and tokenization have already accumulated numerous global use cases, driving more institutions to accelerate their entry. It is expected that the digital asset market in the second half of the year will continue to focus on regulatory progress, the practical outcomes of stablecoins and RWA, as well as new retail market narratives. (Etoday)