Korea’s crypto outflows reflect product gap, not stablecoin gap: First Digital CEO

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

By The Korea Herald