Search results for Korean won
Crypto
Stablecoins post 18 months of net outflows abroad, totaling 10.4 billion dollars
Stablecoins have recorded net outflows from South Korea for 18 straight months, with cumulative net outflows totaling $10.4 billion, or about 14 trillion won, an analysis showed. The report attributed the flow to the absence of a won-based stablecoin, saying local investors use dollar stablecoins as a substitute for trading and fund transfers in global digital asset markets. It said liquidity would be sufficient if a won stablecoin is introduced, but institutionalisation remains unresolved.
Crypto
Korean won stablecoin must secure settlement network and digital identity in AI payments era, Hashed report says
Hashed Open Research published a strategy report on a Korean won stablecoin in the agent economy era, saying competition is expanding from issuance to settlement and distribution infrastructure. It urged moving beyond debate over who issues a won stablecoin and instead securing an independent settlement network and a digital identity authentication system. The report said most AI agent payments are handled with dollar-based stablecoins and called for Korea to accelerate related rules and infrastructure.
Crypto
XRP surge may hinge on bank demand, not retail buying
XRP could be repriced by institutions\' liquidity needs rather than individual investors\' speculative demand, a claim said. XRP has fallen more than 2 percent this month and over 27 percent since the start of the year. A commentator said banks would source XRP liquidity for large payments instead of hoarding it, and that higher prices could deepen liquidity and cut slippage. The article also notes there is no guarantee such a scenario will unfold.
