Chairman of Han Asia Financial Group: Stablecoins Could Become a New Growth Engine

In a New Year's address, Ham Young-joo, Chairman and CEO of Han Asia Financial Group, stated that with the accelerating changes in technology-driven financial structures, funds are flowing from traditional banking systems to emerging areas, and stablecoins are expected to become an important growth driver for the group in the future. Ham emphasized the need for the group to proactively build a complete digital asset ecosystem covering issuance, distribution, use, and circulation, rather than just competing within existing frameworks. He also highlighted the importance of reducing reliance on traditional banking businesses, expanding into non-banking businesses, and preparing for the structural transformation of the financial industry brought about by developments in artificial intelligence and changes in fund flow patterns. Ham warned that relying solely on scale and past success is no longer sufficient to ensure long-term survival, and the group needs to undergo systematic restructuring in investment banking, risk management, and corporate credit assessment, while overcoming internal inertia to seek new growth opportunities more urgently. (Korea Herald)

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