“Why is the world so excited about stablecoins?”
From the US government to big tech companies,
A huge wave of future currency that everyone desires!

With the inauguration of the digital asset-friendly Trump administration and the upheaval within the US government, everyone started talking about the six-letter word "stablecoin."
Not only have the stock prices of Kakao and Naver soared, but stablecoins have also been a hot topic among economic experts throughout the day.
Finally, on July 17, 2025, the US House of Representatives passed the GENIUS Act, which would determine the fate of stablecoins, shaking up the global economic market.
What exactly is this cryptocurrency? Where did it originate, and where is it headed? What changes will the advent of stablecoins bring to our wallets and daily lives?

To answer this question, digital asset industry experts who have first grasped the essence of stablecoins have joined forces.
From the structure of stablecoins to the current status of each country and company, to the flow of the international order and the response strategies we must adopt, this comprehensive guide quickly and pointedly covers everything in one volume.
If you want to find the "true core" amidst the complex opinions and exaggerated discourses rampant online, open this book and use it as a compass.
The future of finance, driven by stablecoins, is already moving by the second.
Now is the time to choose whether to lead or follow.

Stablecoins solve the problem of price volatility by pegging their value to fiat currencies like the dollar or Korean won, while maintaining the decentralized and efficient characteristics of blockchain.
In other words, a 'commercial digital currency' was born that combines the advantages of P2P networks with the stability of traditional currency.
--- p.44

Central banks around the world, alarmed by the rapid growth of private stablecoins, are accelerating the development of central bank digital currencies (CBDCs). While CBDCs, issued and guaranteed directly by the government, offer advantages over private stablecoins in terms of stability and trustworthiness, they also raise concerns about potential government control and privacy violations.
On the other hand, stablecoins symbolize private bottom-up innovation and autonomy, providing an innovative playground that enables the development of free financial services on an open blockchain.

--- p.62

As of 2025, Binance is expected to have over 200 million members.
As Binance grew, USDT gained an edge over other stablecoins.
Binance's global user base spans across Asia, Europe, the Middle East, and Africa, making USDT an alternative to the digital dollar in environments where access to fiat currency is limited.

--- p.89

The Trump administration's shift toward stablecoins has benefited USDC and Circle tremendously.
Circle, which has previously demonstrated a regulatory-friendly stance, has obtained the first 'US Federal Stablecoin License' based on the Genius Act.
This soon led to market confidence, and USDC began to serve as a de facto substitute for the US digital dollar.

--- p.104

With Tether already dominating the stablecoin market and Circle solidifying its position as the second-largest player, there's reason to believe RLUSD could also grow rapidly.
This is because Ripple Labs has recently been actively strengthening its relationship with the US political world.
In particular, continued contact with President Trump is a factor that further increases the possibility of RLUSD's future expansion.

--- p.117

In July 2025, the U.S. House of Representatives finally passed the so-called "Digital Asset Trifecta": the GENIUS Act, the Digital Asset Clarification Act, and the CBDC Ban Act.
This is considered a historic event that heralds a major turning point not only for the United States but also for the entire global digital asset industry.
The most notable law is undoubtedly the Genius Law.
This is the first federal law to formally recognize stablecoins as a form of financial infrastructure and systematically regulate their issuance conditions, reserve requirements, issuer licensing system, and debt priority in the event of insolvency.
This gives the United States legal legitimacy and regulatory clarity to a private currency ecosystem based on the digital dollar, and opens a genuine connection between institutional finance and stablecoins.

--- p.152

The reason even large distribution companies are experimenting with stablecoins is to secure new financial competitiveness suited to the digital age.
In the United States, with related legislation becoming more visible, corporate stablecoins are aiming to establish themselves within the institutional system.
As regulations become clearer in the future, other platform companies, such as Apple and Google, are expected to jump into issuing their own stablecoins or payment tokens.
This means that stablecoins are emerging as game-changers that go beyond mere fintech fads and are transforming the business models of traditional companies.

--- p.236~237

We are now at a fundamental turning point, beyond mere technological innovation, in the economic order and trust structure.
The central bank's monopoly on currency issuance, the payment infrastructure mediated by banks, and the human-centered financial system are undergoing a complete restructuring with the digital transformation.

--- p.267