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

Odaily Planet Daily reports that Yoon Seung-sik (负责人尹承植), Head of Tiger Research, stated that the South 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 experienced sufficient market practice and discussion. Unlike the United States, which has undergone 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, so the real challenge lies in answering the question: “Why do consumers need to use won stablecoins?”

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 (Real World Assets). While AI Agents and DeFi hold long-term potential, they are still far from large-scale implementation. In contrast, stablecoins and tokenization have accumulated numerous global practical cases, driving more institutions to accelerate their entry into the market. It is expected that in the second half of this year, the digital asset market will continue to focus on regulatory progress, the practical outcomes of stablecoins and RWA, as well as new retail market narratives. (Etoday)