Seoul, September 21, 2025 — CertiK, the world’s largest Web3 security services provider, made its presence felt at XRP SEOUL 2025 today. Jason Jiang, CertiK CBO joined a roundtable discussion focused on stablecoins and real-world asset (RWA) infrastructure. CertiK also participated as a sponsor of the XRPL Hackathon. Notably, during Korea Blockchain Week (KBW), CertiK not only deepened its collaboration with core ecosystems such as XRP but also released the Skynet Korea Report and announced a series of localized initiatives to accelerate the long-term development of Korea’s Web3 ecosystem.
Spotlight on Stablecoins and RWAs at XRP SEOUL 2025
At the XRP SEOUL 2025 roundtable, Jason Jiang addressed the critical topic of stablecoin and RWA infrastructure from a security perspective. He identified three primary sources of depegging risks for stablecoins:
1. Reserve / collateral and liquidity risk, which can affect solvency;
2. Vulnerabilities in smart contracts and protocol design, exposing projects to security threats;
3. Off-chain operations and regulatory shifts, which can cause external shocks.
To mitigate these risks, Jiang emphasized the importance of an on-chain monitoring tool: a real-time on-chain Proof-of-Reserves (PoR) dashboard. He explained that if issuers publish verifiable on-chain data demonstrating that reserves (assets held) are equal to or greater than liabilities (tokens issued), along with details on reserve composition and liquidity, then users, regulators, and integrators can independently verify solvency without relying on delayed audits.
He further noted that as stablecoins and RWAs evolve into key pillars of Web3 infrastructure, security and compliance will ultimately determine their ability to achieve mass adoption.
Skynet Korea Report: Mapping Market Dynamics and Security Challenges
In parallel with the event, CertiK released the 2025 Skynet Korea Web3 Security and Ecosystem Report, offering a comprehensive overview of Korea’s Web3 landscape and the security challenges it faces. The report reveals that Korea’s Web3 industry is at a critical inflection point: while regulation is opening the door for institutional adoption, it is also raising the bar for compliance and security standards.
Key threats to the local ecosystem include multisig key leaks and compromised admin privileges, while persistent activity from state-backed hacking groups adds another layer of complexity.
The report also highlights that Korea has more than 16.2 million crypto users, accounting for 32% of the population. Meanwhile, the potential for stablecoin and RWA adoption is steadily increasing, with Korean won-denominated stablecoins poised to drive real-world payment and application use cases.
Anchoring Long-Term Growth: CertiK’s Strategic Moves in Korea
CertiK has long established a strong foothold in Korea, building both resources and influence. The company has signed MOUs with the governments of Seoul and Busan, and has developed stable partnerships with leading domestic enterprises such as WEMIX and Kaia. These collaborations have positioned CertiK as the security partner of choice for projects launching in the region.
Looking ahead to Korea Blockchain Week (KBW), CertiK announced plans for a series of strategic initiatives in the market. These include deepening partnerships with leading local players, strengthening its regional branch operations, and recruiting local talent — all aimed at fostering the long-term growth of the Korean Web3 ecosystem.
Industry observers note that as Korea’s Web3 market continues to evolve at pace, the demand for security and compliance is becoming increasingly urgent. Through its active role in flagship industry events, the publication of market research, and expanded localization efforts, CertiK is reinforcing its comprehensive commitment to Korea. With more enterprises and institutions entering the space, CertiK’s ongoing initiatives are seen as a strong signal of the ecosystem’s continued maturity.
