Danal Successfully Hosts "KRW-Based Stablecoin Alliance Meetup"... Comprehensive Collaboration Across Finance, Technology, Legal, and Accounting

Danal announced on September 2 that it successfully hosted the “KRW-Based Stablecoin Alliance Meetup.”

This event, organized by Danal, marked the first step toward accelerating the KRW-based stablecoin business. A total of 11 companies participated, including financial institutions, core technology infrastructure firms, leading domestic law firms, and global accounting firms, exploring the potential for comprehensive collaboration.

Under the theme “One Region, Closer Finance,” participants discussed from an industry-specific perspective how stablecoins could connect regional finance with the real economy.

During the presentation session, an attorney from Bae, Kim & Lee LLC explained the current status of domestic and international regulations, government policies, and anti-money laundering (AML) response strategies. Danal then highlighted that regulatory compliance is a key issue in the issuance and distribution of stablecoins, drawing on its experience with electronic payments (PG) and Paycoin. The company emphasized that, at the initial stage, regulatory sandbox-based pilot testing is essential for the stable adoption of the industry as a whole.

Attendees agreed that stablecoins could serve as a foundation linking digital assets and the real economy, and explored the possibility of stable introduction within the regulatory framework. In particular, the fact that financial institutions, technology infrastructure firms, law firms, and accounting firms gathered together means that this meetup laid the groundwork for building industry credibility, going beyond mere technical discussions.

A Danal representative stated, “Through this meetup, it has been confirmed that the alliance’s ultimate goal is to ensure the stablecoin business is established within the regulatory system and contributes to the expansion of the industry ecosystem. With over 30 years of experience in payment operations and blockchain technology proven through Paycoin, Danal is well-positioned to stably issue and distribute stablecoins. We will work with the alliance to secure concrete execution capabilities.”