A New Era of Money That Will Replace Card Companies! / 'This Stock' That Will Change the Stock Market Landscape and Become a Leading Stock | Lee Kwon-hee, CEO

Summary

Lee Kwon-hee, CEO of Wizwave, argues that Korean won stablecoin issuance is inevitable and will shift simple payments away from card networks toward Pay platforms. He says banks face less damage than card companies, while card firms may try to transform. For investors, he recommends Naver as the safer large-cap stablecoin/payment play and Kakao Pay as the aggressive high-volatility alternative, while avoiding Danal and LG CNS.

• Stablecoin legislation is expected around June in Korea, with the U.S. bill potentially coming between March and July.
• Stablecoins are seen as threatening card intermediaries and, to a lesser degree, banks.
• Payment platforms such as Kakao Pay and Naver Pay are framed as key beneficiaries.
• Naver is presented as the safer large-cap play with diverse business seeds and steady earnings.
• Kakao Pay is presented as the aggressive, higher-volatility play likely to move first.
• Danal and LG CNS are dismissed as less trustworthy or too heavy for the theme.
• Small stablecoin theme stocks are filtered out in favor of more reliable larger names.