The Korean Financial Research Institute's cold water splash is well done 🐢. Looking at those data, I feel more at ease—90% of merchants accept Korean won stablecoins, with a registration rate of 18.5%, and an actual usage rate of only 4.4%. This is similar to USDC/USDT, with wallet addresses as numerous as stars, and transaction frequency as low as an old turtle basking in the winter sun. Holding ≠ using, I've seen this gap many times, and no one can fill it in the short term. For veteran hodlers like us, signing up more merchants is just superficial effort; user experience and real consumption scenarios are the real tough nuts. No rush, take it slow, time favors the patient.⏳

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MintLaterMaybe
· 4m ago
⏳ Agreed, now it's about who can explain clearly why to use stablecoins to pay, rather than telling users where they can pay.
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MistBlueLily
· 5m ago
Data doesn’t lie. A 4.4% usage rate indicates that payment scenarios still haven’t been worked out; even merchants that have signed (agreements) are just for show.
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0XNightRun
· 1h ago
18.5% registration rate to 4.4% actual usage, the funnel leaks worse than I imagined. Korea's move this time has set an example for global stablecoins: don't just look at surface-level cooperation, you need to see if users are willing to put real money on the chain.
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GovernanceVoting
· 2h ago
The old turtle’s analogy is hilarious, but it’s true—there’s a difference between the coins sitting in your wallet and the ones you actually spend; the infra road is still long.
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