South Korean Convenience Stores Join CBDC Pilot Program

South Korea’s 7-Eleven stores are partnering with the nation’s central bank to test its new digital currency, the Central Bank Digital Currency (CBDC), in a nationwide pilot program. Participating customers will receive a 10% discount on purchases during the six-month trial period, which runs until June 30th. This initiative aligns with 7-Eleven’s broader digital transformation strategy and aims to enhance its technological capabilities.