– Open the Door: Let Nonbanks Issue Won-Denominated Stablecoins – Unlock Innovation: Allow Nonbanks to Issue Won-Pegged Stablecoins – Why Nonbanks Should Be Allowed to Issue Won Stablecoins – Expand Competition: Permit Nonbanks to Launch Won-Pegged
South Korea’s digital finance debate is intensifying as experts call for nonbank firms to be allowed to issue won-denominated stablecoins – a move they say would ignite innovation, sharpen competition and widen consumers’ payment choices