South Korea’s central bank explores integration of deposit tokens with public blockchains

PANews reported on May 27 that according to News1, Lee Jong-yeol, deputy governor of the Bank of Korea, said at the "Blockchain Leaders Club" event on May 27 that the bank is studying the integration of deposit tokens issued by the central bank with public blockchains. Lee Jong-yeol described the deposit token as a stablecoin issued within the framework of the digital currency of the Bank of Korea, and revealed that the central bank is considering establishing a system that allows central bank tokens to coexist with stablecoins issued by the private sector.

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Author: PA一线

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