In the era of Trump 2.0, the global financial and monetary order is being rewritten.
A thorough analysis of stablecoins, the key to the financial revolution, from Korea's leading digital currency expert!

Bitcoin is no longer the only keyword that will determine the future of digital finance.
Stablecoins are emerging as a key driver of global payment infrastructure and financial system transformation.
[The Age of Stablecoins] insightfully explores why countries around the world are focusing on stablecoins in an era where the boundaries between traditional finance and digital assets are collapsing.
The United States announced the full-fledged start of the digital asset era by issuing an executive order designating Bitcoin as a strategic national asset by 2025.
At the same time, the US is implementing legislation and deregulation related to stablecoins, and is deploying a new financial strategy to strengthen the dollar's hegemony.


Stablecoins are expanding beyond simple digital assets to become payment infrastructure that connects the global economy.
In emerging countries struggling with inflation, it is attracting attention as a means of replacing currency, and in the financial sectors of developed countries, it is attracting attention as an innovative means of payment, remittance, and asset management.
This book presents a clear vision of how stablecoins will reshape finance and shift the balance of power between nations.
Furthermore, through stablecoins, which have become a core part of the digital financial order, it provides deep insight into the choices individuals, businesses, and nations must make.
The race for digital financial hegemony has already begun.
At the heart of it all are stablecoins.

One of the major problems facing the United States is the decline in purchases by traditional demanders of Treasury securities.
Japan and China have long been top holders of U.S. Treasuries, but their buying patterns have changed in recent years.
China has significantly reduced its purchases of U.S. Treasury securities amid the U.S.-China trade dispute, and Japan is also not as aggressive in its purchases as before due to pressure from a weak yen and changes in its interest rate policy.
In this situation, the U.S. government desperately needed a new source of demand for Treasury bonds.
And this is where stablecoin issuers come into the spotlight.
---「Part 2.
From "Stablecoins, the Dollar's Digital Expansion Strategy"

Stablecoins are digital tokens designed to maintain price stability in the digital asset world, typically pegged 1:1 to the value of a fiat currency, such as the US dollar.
In short, stablecoins are digital currencies whose value remains constant, unlike highly volatile digital assets like Bitcoin.
While early digital assets were too volatile to be used as currencies, stablecoins, pegged to the dollar and representing a digital dollar, have gained traction as a medium of exchange and store of value.
---「Part 2.
From "Stablecoins, the Dollar's Digital Expansion Strategy"

In reality, the dollar stablecoin is like a dollar that circulates without borders on the blockchain, so even if China sells its government bonds, global investors can issue stablecoins to absorb the amount, ultimately supporting demand for U.S. Treasury bonds.
In other words, if stablecoins become large enough, the US will have a private sector bulwark that is immune to Chinese Treasury sales.
This explains why the United States has recently been actively pursuing legislation for stablecoins.
---「Part 3.
From “The Geopolitical Implications of U.S. Financial Strategy”

The dollar stablecoin and Bitcoin, two pillars of America's digital financial hegemony policy, are having a direct impact on Korea.
The proliferation of dollar tokens is putting pressure on the sovereignty of the Korean won and the autonomy of financial policy, and the establishment of US laws and systems is shaking the rudder of Korean regulations.
Furthermore, the rise of Bitcoin, an emerging strategic asset, is impacting Korea's asset management and security strategies.
South Korea can no longer remain a bystander; it must accurately perceive the waves of change that U.S. policy will bring and proactively develop a response strategy.
---「Part 3.
From “The Geopolitical Implications of U.S. Financial Strategy”

The mainstream adoption of stablecoins and a revolution in payments.
According to Citibank's Digital Dollar Report, if the regulatory environment is supportive over the next five years, the supply of dollar-pegged stablecoins could grow rapidly, reaching $1.6 trillion in a base case and $3.7 trillion in an optimistic scenario by 2030.
This is equivalent to the current total cryptocurrency market capitalization, meaning that stablecoins will replace some of the cash role in the existing financial system.
As explained in the previous chapter, stablecoins are already finding increasing use beyond their role as a means of settlement on cryptocurrency exchanges, extending their reach to areas such as international remittances, overseas payments, and alternatives to local currencies.

---「Part 4.
From “Future Outlook and Investment Implications”