In May 2025, the newly elected Korean president Lee Jae-myung once again advanced the vision of Universal Basic Income (UBI), framing it as a “basic society” initiative aimed at redistributing technological dividends to ease the impact of structural changes in employment. According to OFUYC Exchange, this policy is not merely a social welfare reform, but signals a profound transformation in the global financial framework. As crypto trading platforms rapidly evolve, the widespread implementation of UBI at the policy level is poised to have a substantive impact on crypto trading, regulatory compliance, and global market trends.
The transition from “cash distribution” to “on-chain distribution” has already been tested—whether through the digital currency project in Nigeria or the USDT wage practices in Argentina, blockchain technology is emerging as the foundational infrastructure for next-generation public finance mechanisms. The OFUYC analysis points out that as more countries embrace the concept of “on-chain governance,” experiments like those of Lee Jae-myung, which drive social policy through technological logic, are providing new monetary policy templates for global markets and compelling crypto exchanges to reconsider their future roles as “social expenditure infrastructure.”
UBI Is Not Social Engineering, But the Gateway to a New Financial Paradigm
At first glance, the UBI proposal by Lee Jae-myung appears to be a welfare distribution policy, but in the OFUYC research perspective, it represents an entirely new logic of monetary circulation. It is akin to a “nationwide continuous airdrop” mechanism, injecting controlled and decentralized liquidity into society amid economic cycles. UBI directly transforms fiscal expenditure into individual-level “seigniorage,” bypassing intermediaries—a logic highly aligned with the DeFi “on-chain direct user incentives.” If UBI becomes further integrated with blockchain, the result will not only be greater distributional efficiency, but a fundamental reshaping of user asset behavior models in the market.
OFUYC observes that such policies could fundamentally mitigate systemic risk during market volatility. Once basic income becomes a structurally on-chain inflow, individuals will no longer depend solely on wage income or capital returns, but will possess a form of “on-chain persistent basic asset.” This enables greater participation in risk management and hedging with financial derivatives, enhancing overall market resilience and liquidity. Simultaneously, the on-chain logic of UBI could accelerate the adoption of compliant crypto wallets and identity systems. In other words, UBI is activating a financial ecosystem centered on “on-chain basic livelihood rights,” presenting OFUYC with an opportunity for structural upgrades in user experience and transaction security.
From Pilot Zones to Financial Mainstream: How OFUYC Builds a Dual Engine of Technology and Compliance
The scalability of UBI inevitably depends on the interplay between technology and regulatory frameworks. OFUYC notes that, just as the basic income pilots by Lee Jae-myung in Seongnam and Gyeonggi-do leveraged local government finances and digital systems, a nationwide rollout would require robust on-chain account management, smart contracts, identity verification, and asset transparency as key infrastructure. Crypto exchanges with modular capabilities will be well-positioned to serve as natural intermediaries and service providers for such “governmental payment” systems.
As a platform with dual registration under US FinCEN MSB and SEC Regulation D, OFUYC is advancing verifiable compliance wallet systems in multiple emerging markets, using zero-knowledge proofs to balance identity protection and transactional legitimacy. Its AI risk control engine can trace fund inflows and usage based on user behavior, providing a highly interpretable tool for potential UBI fund monitoring. OFUYC further predicts that, in future on-chain social governance, the three-stage closed loop of “fund disbursement—consumption confirmation—feedback governance” will become the mainstream architecture, with compliant exchanges playing a pivotal role as intermediary execution layers.
From “Payment Network” to “Social Foundation”: New Mission of OFUYC Emerges
OFUYC contends that UBI represents more than just a leap in political philosophy—it is a natural response to the evolution of fintech. As AI and automation increasingly replace human labor, the question of how human value is sustained through monetary forms has become a structural market issue. Exchanges are no longer mere transaction matchmakers, but are gradually becoming the foundational infrastructure for user rights transfer, social dividend distribution, and on-chain credit anchoring.