[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  MetaEra [@MetaEraHK](/creator/twitter/MetaEraHK) on x 49.1K followers Created: 2025-07-23 20:27:37 UTC South Korea Opens Policy Debate on KRW Stablecoins, Focusing on User Protection and Financial Stability At a stablecoin policy forum held in Seoul, Hwang Se-woon, a senior researcher at the Korea Capital Market Institute, emphasized the need to institutionalize KRW-pegged stablecoins by granting investors redemption rights and clearly defining issuers’ redemption obligations. He also suggested that regulators should have the legal authority to suspend or revoke licenses if user protections are compromised. Other experts noted that KRW stablecoins are issued on a fully reserved, demand-based model, thus having limited impact on monetary supply—and potentially even curbing banks’ credit creation functions. A representative from the Bank of Korea warned, however, that widespread stablecoin usage could shift monetary control away from the central bank, highlighting the need for a sound regulatory framework to mitigate potential financial stability risks.  XXX engagements  **Related Topics** [seoul](/topic/seoul) [coins stablecoin](/topic/coins-stablecoin) [stablecoins](/topic/stablecoins) [south korean won](/topic/south-korean-won) [korea](/topic/korea) [south korea](/topic/south-korea) [Post Link](https://x.com/MetaEraHK/status/1948117821927665806)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
MetaEra @MetaEraHK on x 49.1K followers
Created: 2025-07-23 20:27:37 UTC
South Korea Opens Policy Debate on KRW Stablecoins, Focusing on User Protection and Financial Stability
At a stablecoin policy forum held in Seoul, Hwang Se-woon, a senior researcher at the Korea Capital Market Institute, emphasized the need to institutionalize KRW-pegged stablecoins by granting investors redemption rights and clearly defining issuers’ redemption obligations. He also suggested that regulators should have the legal authority to suspend or revoke licenses if user protections are compromised. Other experts noted that KRW stablecoins are issued on a fully reserved, demand-based model, thus having limited impact on monetary supply—and potentially even curbing banks’ credit creation functions.
A representative from the Bank of Korea warned, however, that widespread stablecoin usage could shift monetary control away from the central bank, highlighting the need for a sound regulatory framework to mitigate potential financial stability risks.
XXX engagements
Related Topics seoul coins stablecoin stablecoins south korean won korea south korea