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Finding Use Cases for KRW Stablecoins in Tokenized Securities
Written by @samoyedali
- A KRW stablecoin should be viewed not as an end in itself but as a means to an end. Its value lies in being deployed for specific use cases. In this respect, stablecoins can play a meaningful role as infrastructure for the distribution and settlement of security-like assets.
- Tokenizing Korean government bonds could bring technical efficiency to a structure that is already actively used in traditional markets. Beyond government bonds, assets such as unlisted equities and private equity funds are also strategically well-suited for tokenization.
- For the stablecoin industry to grow, it’s important to develop and promote Korea’s “three digital asset laws” - the Basic Act on Digital Assets, STO regulation, and crypto ETFs - in a coordinated and integrated manner. Only with such a holistic approach can a KRW stablecoin become a true cornerstone of the digital asset market.

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