The Korea Times
In early 2026, reports emerged that Korea's Financial Services Commission (FSC) was preparing corporate digital asset investment guidelines that would exclude dollar-denominated stablecoins like USDT and USDC from the approved list. The FSC has since indicated that the framework remains under discussion, but the regulatory direction is unmistakable. Seoul is signalling that the future of digital payments in Korea will run on Korean rails. This was not a defensive move. It was a strategic one. For those of us who have spent years tracking stablecoin adoption across Asia, it marks the moment Korea shifted from being a speculative crypto market to becoming, potentially, the most important proving ground for national currency stablecoins in the world. Real stablecoin story is in Asia The global conversation about stablecoins remains disproportionately focused on the United States. Congressional debates over USDC regulation and Tether reserve composition dominates headlines. But the actual usage data tells a different story. Asia accounts for roughly 60 percent of real stablecoin payment volum
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