2. Central Bank Digital Currency (CBDC) Pilot Expansion
Digital Won Trials (Phase 2 – 2025)
Testing offline payments, smart contracts, and cross-border remittances.
Partnering with private banks (KB, Shinhan) and KakaoPay.
Expected full launch by 2026.
Impact on Stablecoins:
The Bank of Korea (BOK) warns private stablecoins (e.g., USDT, USDC) may face restrictions if they threaten monetary policy.
