Korea Capital Market Institute

Introduction of Overseas Long-Term Asset Funds and Their Implications [Research Fellow] Kim, Jinyoung Long-term asset funds are designed to invest in private and illiquid assets while providing a certain level of redemption functionality. Major countries such as the United Kingdom, France, Italy, and Canada have introduced or are institutionalizing long-term asset funds to facilitate the flow of private capital into productive assets. Through these funds, they are opening acces... Are Stablecoins Truly Stable? [Senior Research Fellow] Shin, Bosung Stablecoins are a form of private money, and historically, it has been rare for private money to maintain a stable value. As a result, disruptions in payment systems have occurred frequently. In response, major jurisdictions require stablecoins to be backed exclusively by safe reserve assets. Nevertheless, in times of severe crisis, the provision of public safety net may become...