The Case for a Korean Won Stablecoin: Opportunities and Challenges

On March 7, 2025, the cryptocurrency community in South Korea continued to explore the potential of stablecoins, particularly those pegged to the Korean Won (KRW). A recent seminar hosted by industry experts, including @pillarbear_100   from FourPillars and Kim Yong-beom from Hashed Open Research, shed light on the growing role of stablecoins globally and the unique opportunities and hurdles for introducing a KRW-based stablecoin. As dollar-based stablecoins like Tether (USDT) and USD Coin (USDC) dominate the market, the question arises: Is there a need for a KRW stablecoin, and could it find meaningful adoption?

Please follow the link for the detailed article.

jayplayco

The Case for a Korean Won Stablecoin: Opportunities and Challenges

On March 7, 2025, the cryptocurrency community in South Korea continued to explore the potential of stablecoins, particularly those pegged to the Korean Won (KRW). A recent seminar hosted by industry experts, including @pillarbear_100   from FourPillars and Kim Yong-beom from Hashed Open Research, shed light on the growing role of stablecoins globally and the unique opportunities and hurdles for introducing a KRW-based stablecoin. As dollar-based stablecoins like Tether (USDT) and USD Coin (USDC) dominate the market, the question arises: Is there a need for a KRW stablecoin, and could it find meaningful adoption?

Please follow the link for the detailed article.

https://x.com/jayplayco/status/1898907752426287442