70% of Korean investors say, "I plan to buy more virtual assets"… Expectations for won-based stablecoin policy
Summary
- 70% of Korean investors stated that they plan to purchase additional virtual assets within the next year.
- The new administration's won-based stablecoin policy is influencing investors to expand their virtual asset holdings.
- The Block analyzed that the boosting of investor sentiment is due to President Lee Jae-myung's pledge to launch a won-based stablecoin.
Individual investors in Korea are planning to increase their holdings of virtual assets (cryptocurrencies), buoyed by the new administration's initiative for a won-based stablecoin policy.
According to a survey conducted on the 29th (local time) by the Hana Institute of Finance targeting 1,000 South Koreans aged 20 to 59, 70% of respondents said they plan to make additional purchases of virtual assets within the next year.
By age, those in their 40s accounted for the highest proportion of holders at 31%, and by gender, the proportion of men holding virtual assets was found to be more than twice as high as that of women.
On this, The Block analyzed that "the expansion of investor sentiment has been driven by President Lee Jae-myung's pledge to launch a won-based stablecoin immediately after taking office."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
