According to CoinMeta, South Korea plans to have banks take the lead in issuing Korean won stablecoins. It is expected that the draft "Digital Assets Basic Act" to be announced this month will propose that a consortium led by banks be responsible for issuing these stablecoins. Although banks are in charge of the issuance, exchanges and third-party payment platforms may still play a role in connecting consumers with merchants. User access and use cases will become key factors in competition. If the relevant services are approved, dunamu could generate revenue through stablecoin transactions, while naver and financial are expected to earn fees through merchant payments and settlements. Officials from South Korea's financial regulatory authorities pointed out that if stablecoins are used for electronic payments, the relevant businesses may need to comply with the "Electronic Financial Transactions Act," which specifies obligations regarding the protection of funds for recharges and settlements, management of transaction information, and dispute resolution.