South Korean lawmakers urge to accelerate the legalization of stablecoins, stating that it has become an inevitable trend in the financial system

【Crypto World】South Korea has taken a new step regarding stablecoins. A South Korean lawmaker recently spoke out, urging the government and traditional financial institutions to work together to accelerate the legalization process of stablecoins. Implicitly, he emphasized a reality — if South Korea continues to delay, the country’s financial system could fall behind as global payment standards continue to evolve.

His view is straightforward: stablecoins are already an irreversible trend within South Korea’s financial system. “This is no longer a question of whether to launch stablecoins; the real question is — at what speed and in what manner should we introduce them.” From cross-border payments, international trade settlements, to remittances, stablecoins are becoming an inevitable choice in these scenarios. In other words, this is no longer a matter of options but of implementation.