FSC Chairman outlines three key criteria for stablecoin adoption

Lee Eog-weon, Chairman of South Korea's Financial Services Commission (FSC), has outlined three key considerations for the introduction of stablecoins: global consistency, innovation, and stability, Digital Asset reported. At a Nov. 10 review of the 2026 budget before the National Assembly’s Special Committee on Budget and Accounts, Lee said that any stablecoin framework must align with international standards to keep pace with global trends. He also emphasized the need to foster innovation by enabling stablecoins to be used for various purposes. Finally, Lee stressed that because of their potential to significantly impact the financial system, stablecoins must be introduced with sufficient safeguards.