According to Odaily Planet Daily, Lee Jae-myung, the candidate from the Democratic Party of Korea, has been elected as the President of South Korea. During policy discussions, Lee Jae-myung proposed the introduction of a stablecoin pegged to the Korean won to curb capital outflows and enhance national financial sovereignty. Currently, South Korean law prohibits the issuance of domestic stablecoins, and local exchanges mainly rely on USD stablecoins.