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by: xpoolPosted on: May 27, 2025

Bank of Korea Embraces Public Blockchain for Deposit Tokens, Aims to Reclaim Stablecoin Control

The Bank of Korea (BOK) is pioneering a new approach by exploring the use of public blockchain networks to issue deposit tokens. This move comes in response to rising concerns about the impact of US-dollar-backed stablecoins on South Korean financial sovereignty.

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