Svmuu News: Yoon Seung-sik, head of Tiger Research, stated that the South Korean won-pegged stablecoin market has not yet established a firm foothold. This is not due to a lack of potential, but rather because South Korea has not yet undergone sufficient market testing and discussion. Unlike the United States, which has gone through years of trial and error, regulation, and market evolution in the stablecoin sector, related discussions in South Korea are just getting started. South Korea’s financial infrastructure is already well-established, so the real challenge lies in answering the question, “Why do consumers need to use won-pegged stablecoins?”
Yoon Seung-sik believes that the key terms 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 are still some way off from large-scale implementation, whereas stablecoins and tokenization have already accumulated a wealth of global use cases and are driving more institutions to accelerate their entry into the market. It is expected that in the second half of the year, the digital asset market will continue to focus on regulatory developments, the practical implementation of stablecoins and RWAs, as well as new narratives in the retail market. (Etoday)