Tiger Research: Korea forgoes 82 trillion won market without corporate accounts
- —Korea accounts for about 30% of global crypto volume, but almost all demand is retail
- —Dunamu (Upbit) is valued at roughly 1/7 of Coinbase
- —A plan to allow 3,500 public companies to trade crypto has not launched
- —B2B stablecoin payments between Korea and other countries total $620 million since 2021
Why it matters: Opening corporate accounts could give the market a new source of liquidity and services, but the delay is already pushing business to Hong Kong and Japan.
Source: 動區 BlockTempo