Won Stablecoin Usage May Peak at 4.4% Even With Widespread Merchant Acceptance, Study Finds
A new analysis from the Korea Institute of Finance suggests that even if nine out of ten merchants in South Korea were to accept a won-backed stablecoin, actual transaction usage would likely plateau at just 4.4%. The finding, reported by Money Today, underscores the gap between infrastructure availability and consumer adoption in the digital currency space.