According to Yonhap News Agency, the Korean Banking Union has issued a strong warning on current hot issues such as the introduction of the Korean won stablecoin. On the 28th, Kang Young dae, Chairman of the Korean Banking Union, issued a statement stating that "this virtual currency called stablecoin is appearing as a 'new type of disguised storage business', claiming to be a safe asset but absorbing public funds without paying interest. Its essence is exposed to the IT risks of the issuer, while always facing market, credit, and operational risks - that is, it cannot guarantee that the funds exchanged with virtual currency can maintain their value through reserves. Once there is a problem of trust in the token issuer for any reason, it may lead to a 'run', which will lead to the token issuer selling its treasury bond, consumers suffering losses, etc., and may impact the Korean economy at any time. "