In fact, in China, it may be a misestimation of the popularity of stablecoins overseas.
This article is worth reading, written by the CEO of Kaia, who looks at it from a Korean perspective.
Stablecoins, a killer application, have a last-mile problem.
How do you teach non-Crypto people to use stablecoins? The country is too troublesome and there are too many obstacles. But once you start using it, it smells so good that you can't even go back.
Other regions are different.
For example, Kakao is a national application in South Korea, and Line is a national application in Japan and Taiwan.
Let's imagine a parallel universe - WeChat and Alipay jointly send a chain, which is RMB stablecoin and USDT by default.
This is 108,000 times faster than teaching others how to go to a foreign server step by step to download a genuine exchange and then deposit and withdraw OTC to encounter a stablecoin.
Like a Trojan Horse, K-Pop and K-culture’s global influence can unlock stablecoin adoption by making payments seamless within its ecosystem.
Our CEO, @seo_sangmin, highlights how stablecoins fit Asia’s DNA—from HK’s 1983 USD peg to today’s superapps
Learn how culture drives adoption across Asia here👇
Asia's Stablecoin Orchestration Layer 🤫 🧏
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