<ul><li>The Bank of Korea plans to link its central-bank deposit tokens with public blockchain networks, aiming to reshape money movement in South Korea and beyond.</li><li>Stablecoins accounted for 47% of South Korea's crypto outflows in Q1, leading to concerns about the reliance on foreign stablecoins impacting the won's global role.</li><li>The global stablecoin market has exceeded $230 billion, with rapid growth in private issuers. South Korea aims to institutionalize stablecoins before foreign coins dominate local trading.</li><li>Major exchanges and regulators in South Korea are involved in discussions about stablecoins. Political figures are proposing won-backed stablecoins to improve local trading and reduce crypto outflows.</li></ul>

Bank Of Korea Dives Into Crypto: Deposit Tokens Head To Public Chains

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