Dunamu CEO Oh Kyung-seok: Blockchain Era, An Opportunity to Reshape Korean Finance

Dunamu CEO Oh Kyung-seok emphasized at the APEC CEO Summit held in Gyeongju on the 29th that the blockchain revolution presents a golden opportunity for Korea to lead a new financial order. In a keynote speech on the theme of 'The Future of Currency and Global Financial Markets,' CEO Oh emphasized that "the introduction of blockchain and stablecoins is just beginning, and their growth potential is enormous," and declared that Korea and Dunamu have an opportunity to build a new financial paradigm with global partners. He pointed out that the history of money is a history of 'changes in the entities that guarantee value,' explaining that while fiat currency was based on the trust of national institutions, in the era of digital assets, algorithms and network consensus guarantee that trust. He added that currently, fiat currency and digital assets coexist, complementing each other's strengths. In fact, the number of digital asset holders worldwide reaches 560 million, nearly the entire population of Southeast Asia, and the number of top digital asset wallet downloads has exceeded 1.2 billion. CEO Oh stated that blockchain technology implements a system where the network itself guarantees trust without the intervention of central institutions. He emphasized that stablecoins, with a market capitalization of approximately $300 billion (about 430 trillion won), go beyond simple payment methods to innovate financial infrastructure itself, and have significant potential to contribute to inclusive finance by providing financial access to 1.3 billion unbanked people worldwide. To realize this vision, Dunamu introduced four key services it is preparing: 'Giwa Chain,' a blockchain that supports stablecoin issuance and distribution; 'Giwa Wallet,' a wallet service connecting Web2 and Web3; 'VerifyVASP,' a global Travel Rule solution connecting 150 institutions in 30 countries; and 'Upbit Custody,' a digital asset custody service for institutional investors. CEO Oh stated, "Now is not the era of 'designing money,' but the era of 'designing trust'," and clearly articulated the vision that Dunamu will present new models for the future of currency and global financial markets, beyond Korea, across Asia, and further on the global stage.