NOMISMA

Stablecoin

ステーブルコイン / stablecoin — Institutions

A crypto-asset backed by reserve assets to match its value to a currency such as the dollar.

South Korea — Han River Revisited / The Nine Banks
South Korea Han River Revisited / The Nine Banks

The issuer holds and discloses the reserves. Whether the backing truly exists can only be confirmed by reading the disclosures. Depending on the country, regulations for issuers are being established.