Bank of Korea nominee backs CBDC-led system with limited stablecoin role
Shin Hyun-song, the nominee to lead the Bank of Korea, said a central bank digital currency (CBDC) and bank-issued deposit tokens should form the core of South Korea’s digital money system, with stablecoins playing a secondary role. “I expect that central bank digital currencies and deposit tokens will be able to coexist with stablecoins in…
