South Korea RWA and Stablecoin Markets Could Reach KRW360T by 2030
Tiger Research estimates South Korea’s tokenized asset market could reach KRW315 trillion and its stablecoin market KRW45 trillion by 2030, for a combined KRW360 trillion (about $253 billion). The forecast applies South Korea’s 1.58% share of global GDP to international market projections. As growth in crypto trading accounts slows, the report says reliance on exchange transaction fees may offer limited room for expansion, while real-world asset (RWA) tokenization and regulated stablecoins could create new growth opportunities. South Korea had 11.18 million crypto trading accounts in the first half of 2026; even an optimistic scenario puts the figure at about 13.2 million by 2030. Revised versions of the Electronic Securities Act and Capital Markets Act are expected to take effect in 2027. In preparation, financial institutions have invested an estimated KRW2.35 trillion in tokenization infrastructure and related businesses. Shinhan, KB, Hana and Mirae Asset have also partnered with projects and firms including Solana, Visa, Securitize, Canton Network, Sui, Aptos, Polygon and Avalanche. The market-size figures are projections, and their realization will depend on regulation, implementation and demand for tokenized financial products.
Neutral
The report points to a potentially supportive long-term backdrop for tokenization and stablecoin-related projects, but it is a market forecast rather than a confirmed change in demand or regulation. In the short term, the projected KRW360 trillion opportunity is unlikely on its own to drive broad crypto price moves; traders may instead watch regulatory milestones and announcements tied to institutional partnerships. Over the longer term, successful legislation, infrastructure deployment and adoption could increase activity in associated networks and strengthen confidence in tokenized assets. However, the estimates rely on assumptions, and the article does not establish direct benefits for any specific token. That uncertainty, along with the long timeline to 2030, supports a neutral assessment of direct price impact.