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@ tzongocu
2025-05-29 14:01:52
📰 News Alert...
🔖 Title: Korea Becomes Testing Ground for Central Bank vs Stablecoin Supremacy Battle
🗓️ Published: 2025-05-29T15:00:00-04:00
📄 Summary: Korea is emerging as a pivotal battleground in the contest for dominance in digital payments, with the Bank of Korea (BOK) embarking on unprecedented outreach to major banks. Governor Rhee Chang-yong's visits aim to promote central bank digital currencies (CBDCs) and tokenized deposits, positioning them as preferable alternatives to private stablecoin initiatives. This strategic move highlights the ongoing tension between regulated financial systems and decentralized currency options.
🔗 [Read More](https://www.ledgerinsights.com/korea-becomes-testing-ground-for-central-bank-vs-stablecoin-supremacy-battle/)
🗞️ Source: Ledger Insights
💓 #DigitalPayments #CBDC #Stablecoin