Vincent Chok says broader investment access is key to keeping activity onshore
South Korea needs more than a won-denominated stablecoin to keep digital asset activity onshore, as more investors seek a wider range of products unavailable at home, according to Vincent Chok, CEO and co-founder of stablecoin issuer First Digital.
“The starting point is the demand for the products themselves,” Chok said in a recent written interview with The Korea Herald.
First Digital is a digital asset financial services firm and the issuer of FDUSD, a dollar-backed stablecoin that sits among larger stablecoins traded on global crypto markets.
A net 14.92 trillion won ($10.5…
