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Korea's Tokenization and Stablecoin Market Projected to Reach 360 Trillion Won by 2030

  • Tiger Research estimates Korea's tokenized asset (RWA) market at 315 trillion won and its stablecoin market at 45 trillion won by 2030, a combined 360 trillion won (about $253 billion), using an exchange rate of 1,422 won per dollar.
  • The report attributes slowing domestic market growth to heavy reliance on retail trading volume and exchange fee revenue.
  • As of the first half of 2026, real-name verification requirements remain a key factor limiting crypto trading access in Korea.

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