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FX risks from non-dollar stablecoines overstated: Coinbase exec
May 5, 2026
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Posted 2 hours ago by
Won-backed stablecoins are unlikely to challenge dollar-denominated tokens in cross-border settlement and should first be viewed as domestic payment infrastructure, according to Hassan Ahmed, Singapore country director at Coinbase, a Nasdaq-listed US cryptocurrency exchange. Rather than competing head-to-head, a won-backed stablecoin is likely to follow a different growth path in the near term, building on areas where it has natural advantages, Ahmed said in a recent written interview with The
The korea Herald News
Coverage and analysis from South Korea. All insights are generated by our AI narrative analysis engine.
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