In her keynote speech on the second day of the event, CSAI President Ahn Yu-hwa said, "Stablecoins are a core tool in the currency competition between the US, China and Korea," and emphasized the need for Korea to respond strategically to the global trend.
In particular, he mentioned stablecoins that utilize K-POP, which is one of Korea's strengths, and said that he will develop a Korean-style stablecoin.
Professor Kim Hyun Joo also defined stablecoins as "digital government bonds" rather than simple crypto assets.
He emphasized that strengthening distribution infrastructure and usage are more important to Korea's competitiveness than issuance. Daniel Kim, CEO of Tiger Research, said, "The current state of digital asset markets in major Asian countries"
He gave a speech on the theme of "Asian market is complex and has high barriers to entry, but it is also a core region where 60% of the world's cryptocurrency trading and development talent is concentrated," and analyzed the policy changes and ecosystems of major countries.
Regarding the Korean market, "There are about 15 million domestic cryptocurrency investors, making it one of the largest retail markets in the world outside the United States. The total assets held are about 100 trillion won (about 10.67 trillion yen), and the total number of cryptocurrency investors is about 100 trillion won (about 10.67 trillion yen).
"The daily trading volume is 5 trillion to 20 trillion won, making it the second largest market in the world," he said. Regarding Japan, he said, "The growth rate of retail is slow due to strict regulations and a fragmented market environment, but the government is implementing the Web 3.0 white paper and
"Japan is expanding its ecosystem around large companies such as Sony, Mitsukoshi, and SBI, and the financial sector, and it is the first country in Japan to have a trust-type stablecoin.
There are also Japanese yen-based projects that have been issued coin licenses."
Kim, Asia Head, will hold a seminar entitled "Stablecoin Business Models and Use Cases for Overseas Stablecoins"
To understand coins, you must first understand the concept of "tokenization." It is the conversion of paper currency and contracts into digital assets on the blockchain.
"This is the core of tokenization," Justin Kim said. "AVALANCHE is the first blockchain-based payment system approved by the Singapore government for commercialization.
He also introduced the Ali PAY and Grab Pay projects, which were jointly developed with Sumitomo Mitsui Banking Corporation of Japan and the Singaporean government, as key examples of "money-making."
Kim said, "Nexon is releasing the Web 3.0 version of its flagship IP, MapleStory, on the AVALANCHE dedicated network, and FIFA is also promoting the World Cup.
"We are currently issuing all tickets on an AVALANCHE basis," and "We are also managing the history of Suntory whiskey in Japan, the automobile registration certificates of the US DMV, and the real estate registration system of New Jersey.
Justin Kim concluded his speech by saying, "The concept of stable coins is like a financial product that is somewhat difficult to control.
"It may seem like a long-term solution, but if it's based on the right technology and institutional design, it can be commercialized in a sound manner," said M.
Att Audit Partner Wang said stablecoins and custody are core infrastructure connecting traditional finance and digital assets, and emphasized the importance of an advanced security system.
He also emphasized that the company will "work with global regulators and industry partners to advance security and invest in the sustainable growth of the blockchain industry."
After the presentation, a Korean representative said, "CERTIK has set its sights on Korea as an important market when selecting key global bases, and has decided to participate this time.
CERTIK is a company that provides comprehensive solutions for Web 3.0 security, and has developed a security department from the beginning of project design.
"We can propose a model of collaboration that will enable this and help ensure the reliability of the project."
The venue for this event will feature project booths, a custody demo space,
A networking lounge and other facilities were set up, allowing participants to go beyond being mere audience members and directly experience and ask questions about the actual operational platform project.
The two-day event was held while taking advantage of the purpose of the investment conference.
2025/06/26 14:05 KST
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