ABP Asset Management: Won Stablecoins Must Be Institutionalized Before Dollar Stablecoins Flood In
Event: BlockFesta 2026, held October 1 at IFC The Forum, Yeouido, Seoul.
Speaker: Sung Sang-hyun, Head of Equity Management Division, ABP Asset Management, presenting on "The Era of Monetary Upheaval Led by Stablecoins."
Key warning: the U.S. is using stablecoins to boost Treasury demand and sustain dollar influence; without timely institutionalization of a won stablecoin, Korea risks growing reliance on dollar stablecoins.