Deposit Tokens

Highlights: South Korea has launched a deposit token trial to replace government card payments. Deposit tokens allow authorities to control when and how government funds are used through preset rules. The pilot uses blockchain and a CBDC system to reduce […]

Highlights: South Korea plans to link its deposit tokens with public blockchain networks for secure digital use. Political leaders are urging the country to introduce a Korean won stablecoin to reduce crypto outflow. The Agora Project will enable cross-border token […]