Research

We write newsletters and research on regulation and trends in the stablecoin landscape across Asia. Our work covers policy developments, market dynamics, and emerging infrastructure across the region.

September 2026

Singapore Pushes Tokenized Deposit to Cross Border (ASA News #31)

AsiaStablecoinAlliance, Heechang

Korea Expands Token Securities as Global Banks Form a Stablecoin Consortium (ASA News #30)

AsiaStablecoinAlliance, Heechang

August 2026

Japan Tests Tokenized Deposit Remittances as Hong Kong Opens Stablecoin Distribution (ASA News #29)

AsiaStablecoinAlliance, Heechang

Hong Kong Puts Stablecoins Into Real Use as Japan Tests Onchain Settlement (ASA News #28)

Heechang, AsiaStablecoinAlliance

ADGM Emerges as a Tokenized Stock Hub (feat. Coinbase & Binance)

Hong Kong Launches HKDAP and Japan Brings JGB Repo Onchain (ASA News #27)

AsiaStablecoinAlliance, Heechang

Japan Brings Digital Assets Into Financial Regulation as Korea and Hong Kong Build Market Controls (ASA News #26)

AsiaStablecoinAlliance, Heechang

WebX 2026 Field Notes: Japan’s Year of Finance

Korea’s Digital Payment Experiments Enter Real Transactions (ASA News #25)

July 2026

Onchain Finance Becomes National Strategy (ASA News #24)

Japan Crypto Market Report, Q2 2026: When Market Sentiment and Regulation Diverged

Japan Crypto Market Report, Q1 2026: First Quarter That Declared the Dawn of the Digital Era

Three Layers to Understand the Japan Crypto Market

The Tale of the Tail in the Korea CEX

Japan Redefines, and SBI Expands (ASA News #23)

Rules Narrow, Use Cases Widen (ASA News #22)

From Exploration to Design (ASA News #21)

AsiaStablecoinAlliance, Heechang

June 2026

Korea is at a Turning Point

SPCX, SPACE, SPX?: The Gap Between the Everything Exchange and Korean CEXs

Time to Buy a Japanese Exchange

Has India’s Crypto Market Gone Quiet or Grown Up?

100y, Hashed Emergent

May 2026

The Next Chapter for Stablecoin (ASA News #20)

AsiaStablecoinAlliance, Moyed

Inside Japan's Stablecoin Buildout (ASA News #19)

AsiaStablecoinAlliance, Moyed

April 2026

Where Is Korea’s Crypto Tax Policy Headed?

Hong Kong's Stablecoin Vision: Asia's Regulated Digital Asset Hub

AsiaStablecoinAlliance, Moyed

What’s Happening in Korea (ASA News #18)

AsiaStablecoinAlliance, Moyed

Tokenization Hits the Payment Floor (ASA News #17)

AsiaStablecoinAlliance, Moyed

Innovation Comes Slowly, Then All at Once (ASA News #16)

AsiaStablecoinAlliance, Moyed

March 2026

SBI’s Full-Stack Strategy: A Dominant Player in Japan’s Digital Asset Market

Japan's Stablecoin Vision: Building the Next Financial Infrastructure

Japan, Money, and MoneyX

MoneyX Field Notes: How Japan Is Building a Real Stablecoin Economy

100y, c4lvin, Eren, Jun, Ponyo

Three Hubs, Three Playbooks (ASA News #15)

AsiaStablecoinAlliance, Moyed

2025 Korean CEX Listings Postmortem

Stablecoins: Game Time (ASA News #14)

AsiaStablecoinAlliance, Moyed

February 2026

Asia's Financial Institutions Gear Up for the Race (ASA News #13)

AsiaStablecoinAlliance, Moyed

Stablecoin Infrastructure Evolving Across All Layers (ASA News #12)

AsiaStablecoinAlliance, Heechang, Moyed

January 2026

Three Paths to Asia's Stablecoin Future (ASA News #11)

AsiaStablecoinAlliance, Moyed

December 2025

One Onchain Trend, Very Different Strategies (ASA News #10)

AsiaStablecoinAlliance, Moyed

A Decision That Can’t Be Deferred Any Longer (ASA News #9)

AsiaStablecoinAlliance, Heechang, Moyed

November 2025

Letter to Naver (ASA Opinion #14)

AsiaStablecoinAlliance, Moyed

Digital Money, Each Taking Its Own Path (ASA News #8)

AsiaStablecoinAlliance, Heechang, Moyed

The Moment Stablecoins Touch Reality (ASA News #7)

Heechang, Moyed

Can KRW Stablecoin Make it?

October 2025

Stablecoins, in the Language of Banks (ASA News #6)

AsiaStablecoinAlliance, Heechang, Moyed

September 2025

KRW Stablecoin, What to Expect (ASA Opinion #10)

100y, AsiaStablecoinAlliance

August 2025

From Tokyo to Wyoming: How Governments Are Shaping Stablecoins (ASA News #5)

AsiaStablecoinAlliance, Moyed

Governments Are Setting the Rules of Crypto (ASA News #4)

AsiaStablecoinAlliance, Heechang, Moyed

July 2025

Mere Issuance of Stablecoin Won’t Work, Usage is Important (ASA News #3)

AsiaStablecoinAlliance, Heechang, Moyed

Advantages of KRW Stablecoins Compared to Prepaid Funds (ASA Opinion #8)

100y, AsiaStablecoinAlliance

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External researchers and institutions can submit work to be published through ASA channels — reaching policymakers, builders, and investors across Asia's stablecoin ecosystem.