[Seoul, September 21, 2025] CertiK, the world's largest Web3 security company, today appeared at XRP SEOUL 2025. Chief Business Officer Jason Jiang participated in a roundtable discussion focusing on stablecoins and the development of Reliable Authenticated Assets (RWA) infrastructure. CertiK also participated as a sponsor in the XRPL Hackathon. Notably, during Korea Blockchain Week (KBW), CertiK not only deepened its collaboration with core ecosystems like XRP, but also released the Skynet Korea Report and plans to launch a series of localized strategic initiatives to comprehensively promote the long-term development of the Korean Web3 ecosystem.
Appearing at XRP SEOUL 2025, discussing cutting-edge topics on stablecoins and RWA
At the XRP SEOUL 2025 roundtable discussion, Jason Jiang, Chief Business Officer of CertiK, offered professional insights from a security perspective on the core topic of stablecoins and RWA infrastructure construction. He clearly pointed out that the risk of stablecoin depegging mainly comes from three aspects: first, imperfect reserve and liquidity management, which may lead to solvency fluctuations; second, loopholes in smart contract and protocol design, which may easily lead to security risks; and third, external shocks brought about by changes in off-chain operations and the regulatory environment.
To address these risks, Jason Jiang emphasized that the most important public on-chain monitoring tool for stablecoin issuers is a "real-time proof-of-reserve dashboard." He further explained that if issuers can publish verifiable data on-chain to prove that reserves (held assets) are greater than or equal to liabilities (issued tokens), as well as the composition and liquidity of reserves, users, regulators, and integrators can independently verify their solvency without relying on delayed audits.
Jason Jiang also stated that as stablecoins and RWAs gradually become the key infrastructure of Web3, security and compliance will become the core factors that determine whether they can be widely used.
Skynet Korea Report: Decoding the Market Landscape and Security Challenges
CertiK also released the "2025 Skynet Korea Web3 Security and Ecosystem Report," which comprehensively showcases the unique landscape and security challenges of the Korean Web3 market, providing data-driven insights and actionable guidance for the industry. The report reveals that the Korean Web3 market is at a critical inflection point: regulatory policies are both clearing barriers for institutional entry and raising security and compliance requirements. However, multi-signature key leaks and administrator privilege compromises remain the primary security threats to the Korean Web3 ecosystem. Continued pressure from nation-state hacker groups is further complicating security challenges facing the market.
The report also pointed out that there are more than 16.2 million crypto users in South Korea, accounting for 32% of the total population; the potential of stablecoins and RWA applications is gradually being released, especially the exploration of Korean won stablecoins is expected to promote the implementation of payment and application scenarios.
Anchoring Long-Term Development: CertiK’s New Strategic Initiatives in the Korean Market
Over a long period of time, CertiK has accumulated deep resources and extensive influence in the Korean market. Not only has it signed memoranda of understanding (MOUs) with the Seoul and Busan municipal governments, but it has also established stable cooperative relationships with many local Korean companies such as WEMIX and Kaia, becoming an important security cooperation option for many projects.
CertiK plans to launch a series of strategic initiatives in South Korea during the upcoming Korea Blockchain Week (KBW). On one hand, it will collaborate closely with leading Korean partners to further deepen partnerships and explore innovative models. On the other hand, CertiK will increase its investment in South Korea, upgrade its regional offices, and recruit local talent to promote the long-term development of the country's Web3 ecosystem.
Industry observers note that with the rapid evolution of South Korea's Web3 market, security and compliance requirements are becoming increasingly prominent. CertiK is continuously strengthening its comprehensive presence in South Korea by participating in key industry events, publishing market research reports, and advancing its localization strategy. As more companies and institutions enter this field, CertiK's actions are seen as a significant sign of the continued maturity of South Korea's Web3 ecosystem.
