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South Korea's Central Bank Eyes KRW Stablecoin!**
> BOK Governor Lee Chang-yong meets major bank CEOs next week (June 23) in Seoul.
> 🔍 Key topic: Potential issuance of a Korean Won (KRW)-pegged stablecoin.
> ⚠️ Previously cautious due to monetary policy & stability risks.
> \#BOK #StablecoinDebate #KRW #SouthKorea #CryptoNews
**BREAKING: South Korea's Central Bank Set to Discuss Won Stablecoin**
> BOK Governor Lee Chang-yong convenes bank leaders June 23rd to explore KRW-pegged stablecoin issuance.
> Vice Gov. Park Jong-woo (monetary policy chief) to join.
> A shift from prior caution over non-bank sector risks.
> BOK Governor Lee Chang-yong meets major bank CEOs next week (June 23) in Seoul.
> 🔍 Key topic: Potential issuance of a Korean Won (KRW)-pegged stablecoin.
> ⚠️ Previously cautious due to monetary policy & stability risks.
> \#BOK #StablecoinDebate #KRW #SouthKorea #CryptoNews
**BREAKING: South Korea's Central Bank Set to Discuss Won Stablecoin**
> BOK Governor Lee Chang-yong convenes bank leaders June 23rd to explore KRW-pegged stablecoin issuance.
> Vice Gov. Park Jong-woo (monetary policy chief) to join.
> A shift from prior caution over non-bank sector risks.
What makes this world, Crypto, unique is the chances that come every time and then.
We all missed #btc and#sol .
Lots missed #doge and #ShinaInu .
A brand 2024 GEM has been launched.
#BOK is the next landmark in memecoins.
A rocket 🚀 that will take lots with him to the moon 🌕.
Check out their website for more info.
https://www.bonklana.com
———————————————————
NFA
We all missed #btc and#sol .
Lots missed #doge and #ShinaInu .
A brand 2024 GEM has been launched.
#BOK is the next landmark in memecoins.
A rocket 🚀 that will take lots with him to the moon 🌕.
Check out their website for more info.
https://www.bonklana.com
———————————————————
NFA
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South Korean Stablecoin: Digital Won Challenging USDT?
Stablecoins are heating up the South Korean market as $19.6 billion worth of stablecoins left the country in Q1 2025 (March 28, 2025), prompting the Bank of Korea (#BOK ) to develop a publicly linked blockchain deposit token. With USDT and USDC dominating, this move opens up opportunities for a competitive digital won!
Stablecoins and New Trends
Deputy Governor Lee Jong-ryeol warns that the flow of private stablecoins, with Tether accounting for 70% of the global market share, could undermine South Korea's monetary sovereignty. In response, the BoK is building a blockchain-based deposit token that directly competes with USDT and #USDC . This token, backed by the won, ensures financial stability and transparency, leveraging blockchain technology for fast transactions and low fees. According to Chainalysis (2024), South Korea has 1.8 million crypto users, with $500 million in stablecoin transactions each quarter, indicating significant potential.
Attractive Investment Opportunities
The digital won token could attract investors due to its stability and support from the BoK. Stablecoins currently account for 10% of the global crypto market capitalization (Statista, 2025), with USDT and USDC leading due to their liquidity. TradingShot predicts that stablecoins will grow by 20% in Q4/2025, especially if South Korea successfully implements the won token. The Blockchain Seoul 2025 conference is an opportunity to monitor this trend.
The information in this article is for reference only; please conduct thorough research (DYOR).
Stablecoins are heating up the South Korean market as $19.6 billion worth of stablecoins left the country in Q1 2025 (March 28, 2025), prompting the Bank of Korea (#BOK ) to develop a publicly linked blockchain deposit token. With USDT and USDC dominating, this move opens up opportunities for a competitive digital won!
Stablecoins and New Trends
Deputy Governor Lee Jong-ryeol warns that the flow of private stablecoins, with Tether accounting for 70% of the global market share, could undermine South Korea's monetary sovereignty. In response, the BoK is building a blockchain-based deposit token that directly competes with USDT and #USDC . This token, backed by the won, ensures financial stability and transparency, leveraging blockchain technology for fast transactions and low fees. According to Chainalysis (2024), South Korea has 1.8 million crypto users, with $500 million in stablecoin transactions each quarter, indicating significant potential.
Attractive Investment Opportunities
The digital won token could attract investors due to its stability and support from the BoK. Stablecoins currently account for 10% of the global crypto market capitalization (Statista, 2025), with USDT and USDC leading due to their liquidity. TradingShot predicts that stablecoins will grow by 20% in Q4/2025, especially if South Korea successfully implements the won token. The Blockchain Seoul 2025 conference is an opportunity to monitor this trend.
The information in this article is for reference only; please conduct thorough research (DYOR).
See original
Title: South Korea Gives Green Light to Stablecoin – Positive Signals for the Future of Crypto?
The cryptocurrency market has just received an optimistic signal from Asia: The Bank of Korea (#BOK ) announced that it will "actively participate" in the process of building laws regarding stablecoins.
In a newly released report, the BOK emphasized that stablecoins, unlike other virtual assets, are gradually becoming a real payment tool, and therefore, need to be tightly regulated to minimize financial and monetary risks.
This indicates that instead of suppression, South Korea is choosing a path of cooperation and smart regulation, paving the way for sustainable development in the crypto industry. The recognition of #stablecoin by major financial authorities like the BOK as part of the payment system is a significant step forward, especially in the context where many countries still remain cautious about digital assets.
Signals for the long term:
✅ Stablecoins are seen as a bridge between traditional finance and blockchain
✅ Central banks are no longer on the sidelines
✅ Public-private partnerships in the cryptocurrency sector are becoming increasingly evident
This is a sign that the scale and influence of crypto will continue to expand in the long term, as governments gradually shift from a cautious attitude to collaboration and smart regulation. With this trend, users and investors can expect a safer, more transparent, and robust environment for digital assets.
The cryptocurrency market is highly volatile and not suitable for everyone. Users should carefully consider risks and do their research before investing.
#anhbacong
The cryptocurrency market has just received an optimistic signal from Asia: The Bank of Korea (#BOK ) announced that it will "actively participate" in the process of building laws regarding stablecoins.
In a newly released report, the BOK emphasized that stablecoins, unlike other virtual assets, are gradually becoming a real payment tool, and therefore, need to be tightly regulated to minimize financial and monetary risks.
This indicates that instead of suppression, South Korea is choosing a path of cooperation and smart regulation, paving the way for sustainable development in the crypto industry. The recognition of #stablecoin by major financial authorities like the BOK as part of the payment system is a significant step forward, especially in the context where many countries still remain cautious about digital assets.
Signals for the long term:
✅ Stablecoins are seen as a bridge between traditional finance and blockchain
✅ Central banks are no longer on the sidelines
✅ Public-private partnerships in the cryptocurrency sector are becoming increasingly evident
This is a sign that the scale and influence of crypto will continue to expand in the long term, as governments gradually shift from a cautious attitude to collaboration and smart regulation. With this trend, users and investors can expect a safer, more transparent, and robust environment for digital assets.
The cryptocurrency market is highly volatile and not suitable for everyone. Users should carefully consider risks and do their research before investing.
#anhbacong
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