Professor Jongseop Lee "Time to Carefully Consider the Won Stablecoin Policy" [Virtual Asset Investment Insight Forum 2025]

Professor Jongseop Lee from Seoul National University's Business Administration Department emphasized that it is time to carefully consider the won stablecoin policy.

On the 25th, at the 'Virtual Asset Investment Insight Forum 2025' held at Conrad Hotel in Yeouido, Seoul, Professor Lee stated, "As digital finance is gradually moving towards a data-driven management ecosystem, the digitalization and tokenization of traditional finance cannot be stopped," and "We also need to carefully and seriously consider the won stablecoin policy."

Professor Lee also explained why the U.S. government chose stablecoins over Central Bank Digital Currency (CBDC). He diagnosed, "In fiat-backed stablecoins, the U.S. dollar base has already secured an 80% market share. As the use of stablecoins on-chain increases, it creates demand for dollars and dollar bonds off-chain. That's why the U.S. made a strategic choice."

Meanwhile, Professor Lee mentioned that our K-content and intellectual property (IP) could create a favorable environment for international expansion with stablecoins.

He said, "For scalable businesses that sell our K-content or IP internationally, stablecoins would be more advantageous than CBDC. The opportunity cost of this is something that regulators need to consider as an important issue now."