According to Odaily Planet Daily, the South Korean Central Election Management Commission reported that the voter turnout for the 21st South Korean presidential election was 79.4%, the highest record since 1997. Exit polls show that Lee Jae-myung, the candidate from the largest opposition party, the Democratic Party, won the election by a landslide. Lee Jae-myung had proposed issuing a Korean won stablecoin to prevent capital outflows.