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by: xpoolPosted on: August 29, 2025

South Korea Ditches CBDC Pilot, Embraces Stablecoins for Payments

South Korea has ended its central bank digital currency (CBDC) pilot program in July 2025, shifting focus to stablecoins. This decision reflects a broader global trend towards stablecoin adoption. The move will prioritize the distribution of government subsidies via won-pegged stablecoins for greater financial efficiency and aligns with international digital currency practices.

Related posts:

  1. Tether and Circle Meet with Top South Korean Banks on Stablecoin Adoption
  2. South Korea’s Banks Seek Partnerships with Tether and Circle for Stablecoins
  3. South Korean Banks Eye Stablecoin Partnerships for Potential Won-Based Launch
  4. South Korea’s Banks Face Challenges as Won Stablecoin Takes Hold
Cryptocurrency South Korea Stablecoins

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