Maeil Business Newspaper Cites Allium on Korea's Stablecoin Market

Maeil Business Newspaper (매일경제) profiled Allium CEO Ethan Chan on the data behind Korea's stablecoin market, citing Allium's on-chain figures and its work with Visa, BCG, and MAS.

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Maeil Business Newspaper Cites Allium on Korea's Stablecoin Market

Maeil Business Newspaper (매일경제), one of Korea's largest financial dailies, cited Allium in a profile of co-founder and CEO Ethan Chan, published August 7, 2026 in its "Maeil Coin" column.

Korea as a stablecoin big player

Drawing on Allium's on-chain data, the piece reports that Korea is one of the largest single markets for stablecoin payments globally, at roughly $2.6 billion per month, with stablecoins used more as a dollar store of value than for remittances. Because that activity settles on-chain, it sits largely outside Korea's traditional foreign-exchange statistics, which the article frames as a growing blind spot for regulators.

The data platform behind institutional stablecoin work

The article profiles Allium as the blockchain data platform used by institutions including Visa, BCG, and Coinbase. It points to the Visa On-Chain Analytics Dashboard built on Allium data, Allium data behind a BCG stablecoin payment dashboard and research white paper, and Allium's collaboration with the Monetary Authority of Singapore on a stablecoin activity dashboard for the 2025 Singapore Fintech Festival.

"The Visa Dashboard tracks the regional distribution of stablecoin flows, the ratio of B2B to consumer transactions, and settlement patterns by payment channel. It provides production-level visibility, enabling Visa to continuously monitor in the field how stablecoins are actually being utilized in payments." — Ethan Chan, Allium co-founder and CEO

Citation: Choi Geun-do (최근도) (2026, August 7). Allium: "Korea Becomes Stablecoin 'Big Player,' Foreign Exchange Management Difficult Without On-Chain Knowledge" [Maeil Coin]. Maekyung Media.

Read the full piece: mk.co.kr/article/12120647