Digital asset infrastructure company BDACS held a Korea Blockchain Week 2026 side event with Circle, Kyobo Life Insurance and SBI Holdings. Participants from financial institutions and the digital asset industry discussed directions for developing stablecoin-based financial infrastructure. BDACS presented use cases for a won stablecoin and demonstrated an onchain exchange of KRW1 and USDC in a testnet environment using Circle’s StableFX program.

Regulatory burdens, a lack of consumer-facing services and slow corporate adoption have held back wider use of cryptocurrencies and blockchain despite their technical potential, the industry said. Panelists at Japan\'s WebX 2026 said repeated hacking incidents tightened regulation and raised compliance costs. They said Japan has more than 10 million crypto trading accounts, but the next step hinges on everyday usefulness, with stablecoins and improved user experience seen as key variables over the next 1 to 2 years.