Regulation· ★★★· neutral·

Lawmaker Ahn Do-geol calls for faster won stablecoin legislation

  • —Ahn Do-geol: a won stablecoin is needed as infrastructure for payments, RWA and AI agent settlements
  • —Replacing 30% of card payments would save up to 5.2 trillion won a year in fees
  • —Demand potential: 5 trillion won in foreign worker remittances, 31.5 trillion in tourism, 21.2 trillion in K-culture
  • —Discussion will continue in the party's new structure and at Eastpoint: Seoul 2026
Why it matters: If South Korea fails to launch a won stablecoin in time, digital payments will shift to dollar assets, weakening the won and monetary sovereignty.
Source: Bloomingbit
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