According to News1, industry experts in South Korea are calling for future KRW stablecoin regulations to not only focus on issuers, minimum capital, and reserve assets but also establish mechanisms to safeguard initial circulation, issuance/redemption, and secondary market liquidity. Recently, several stablecoins listed on Korean exchanges have shown significant price deviations. For instance, the Japanese yen stablecoin JPYC surged to 37.6 KRW on Upbit after listing, while its reference price was around 8.8 KRW—over 4 times the reference price. PYUSD also jumped from 1,379 KRW to 1,760 KRW at one point, and EURC previously hit a high of 7,860 KRW on Bithumb, over 400% higher than the previous day's closing price. Industry insiders believe that while reserve assets can ensure redemption, they alone cannot prevent short-term price distortions in the secondary market. They suggest exploring measures such as introducing market makers (MM) or liquidity providers (LP), price deviation disclosures, and market price order limits. https://www.(wublock123.com)/news/korea-experts-call-krw-stablecoin-regulation-liquidity-backstop-69077