[Interview]'Mr. Straight Talk' Choi Gong-pil Says 'Stablecoins Must Establish Robust Reserve Asset Framework'

Choi Gong-pil, head of the Digital Finance Center, warns that South Korea must establish a robust reserve asset system for won-based stablecoins to prevent financial instability and protect monetary sovereignty, highlighting risks of coin runs and regulatory gaps while urging a cautious, policy-driven approach.