Circle warns Korea risks falling behind on stablecoins

South Korea risks falling behind in stablecoins as regulatory uncertainty keeps banks and fintech firms from moving beyond pilot projects, according to Circle's chief strategist.

"You can afford to be late to the regulation, but you don't necessarily want to be late to the technology," Dante Disparte, Circle's chief strategy officer and head of global policy and operations, said in an interview with The Korea Herald in Seoul on Thursday.

Korea's sophisticated banking and payments infrastructure ...