A Study on Utilization Strategies for Stablecoins in Trade Payment

Purpose: This study examines the impact of stablecoin-based digital payments on the trade competitiveness of Korean SMEs, focusing on cost reduction, processing speed, and exchange rate risk mitigation, using frameworks from e-business commerce and CRM. Research Design, Data, and Methodology: A qualitative case study approach is applied, drawing on secondary sources such as government statistics and industry reports. Cases include Namdaemun apparel exporters, Busan seafood firms, and Jeju agricultural cooperatives, interpreted through CRM, Porter’s Five Forces, RBV, and dynamic capabilities. Results: Approximately 10% of Korea’s trade now involves stablecoins, with SMEs reporting 70-90% lower transaction fees, faster settlements, and broader trade networks. However, regulatory uncertainty, lack of corporate wallet support, and capital volatility remain concerns. Conclusions: Stablecoins strengthen SME trade competitiveness through cost savings and digital transparency. Continued benefits require institutional and legal reinforcement to address current policy gaps and support safe adoption.