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Benjamin Njiri

Analyst warns KRW stablecoins may boost capital outflows as DWF Ventures sees upside in South Korea

South Korea’s push to prioritize KRW-denominated stablecoins over U.S. dollar-based options has drawn opposing views from market participants. Analyst Jinsol Bok argues KRW stablecoins could actually intensify capital outflows and see limited demand given existing local yield-bearing digital payment services, while DWF Ventures believes South Korea’s large, tech-savvy crypto user base and the Kimchi Premium could support strong adoption. The Financial Services Commission is expected to finalize corporate crypto rules that will shape how KRW stablecoins compete with USDT and USDC in the country.
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