- After his trip to Korea, Schiener spoke of support from the “Blue House” and interest from large companies and financial institutions, but did not mention any specific commitments.
- The IOTA Foundation refers to meetings around the World Crypto Forum, discussions about TWIN and a KRW stablecoin use case.
After his trip to Korea, Dominik Schiener, co-founder of IOTA, reported on In a February 16 post on X wrote Rail:
“I had a fantastic and productive trip in Korea. There was a very positive energy there – with strong support from the Blue House as well as large companies and financial institutions committed to building on crypto. IOTA’s pitch, with our clear focus on building a global trading infrastructure with TWIN, is a key difference from all other projects.”
He does not mention any specific partnerships or commitments. However, the tone of the post suggests that Schiener is expecting updates from Korea in the next few weeks and months. With the “Blue House” Schiener alludes to Cheong Wa Dae, the symbol of the South Korean presidency in Seoul. Whether this involves formal contacts or more like discussion groups close to the president remains to be seen.
Schiener had previously described Korea as a key market. In the further statement he wrote:
“We are helping cryptocurrencies overcome the speculative bubble and establish themselves in the real world. We are deeply committed to Korea and will advance the country’s connectivity in the blockchain space to spark a new wave of crypto adoption. You can expect much more news in the coming months. I am very much looking forward to returning to Korea soon.”
The reference to the Blue House was quickly picked up in the community. One IOTA ambassador called it “basically Korea’s White House” and argued the next wave would come from politics, trade routes and institutions rather than retail hype. IOTA is positioned accordingly.
The Blue House is basically Korea’s White House$IOTA is backed by governments and Institutions
The next crypto wave will be driven by ↷
• governments
• trade corridors
• financial institutions
• real infrastructureIOTA positioning itself around global trade… https://t.co/1A1HREH5Bh
— moon.iota (@mooniota) February 16, 2026
IOTA in Korea
Schiener also linked a post from the IOTA Foundation that highlighted its Korea activities. As CNF reported yesterday, the IOTA Foundation was at the “World Crypto Forum” from October 10th to 11th. I was there in February and spoke to Korean institutions about TWIN: “We networked with leading Korean institutions and showed how TWIN can unlock real adoption on IOTA,” says the X post.
According to the foundation, a panel also addressed the question of how a KRW stablecoin could be “made usable via the IOTA network”. In addition, a private lunch was organized off stage with “Tier 1” Korean financial institutions, without naming names, in Yeouido, the financial district of Seoul and a central hub for investment and banking.
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