Tether exec: Stablecoins can boost South Korea's export economy

Giles Dixon, Head of Global Regulation and Licensing at Tether Holdings, said stablecoins could present a significant opportunity for South Korea's export-oriented economy to attract additional global investment and demand. Speaking at a seminar today on global stablecoin trends, Dixon explained that while the country has successfully created worldwide demand for products ranging from K-pop and K-beauty to technology, it remains difficult for overseas consumers to access them, TechM reported. He suggested that stablecoins could be a key way to improve this accessibility.