✉news BusinessBanking first seen 3 d ago, last 3 d ago, peak #32
South Korea's Central Bank to Use Wholesale CBDC in 2027 Bond Pilot
Original: BOK to Use Wholesale CBDC, Not Stablecoins, in 2027 Tokenized Treasury Bond Pilot
The Bank of Korea says its 2027 tokenized treasury bond pilot will rely on a wholesale central bank digital currency rather than stablecoins. The decision positions the central bank's own digital money as the settlement layer for tokenized government bonds, excluding private stablecoins from the trial. Observers see it as a signal of how regulators intend to handle tokenized finance.
Why now: The central bank's choice between CBDC and stablecoins has major implications for crypto and banking regulation.
Bank of Koreawholesale CBDCstablecoinstokenized treasury bonds
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