South Korea Halts CBDC Trials as Banks Shift Focus to Stablecoins

The Bank of Korea has reportedly hit pause on its CBDC trials, as local lenders pivot toward stablecoins amid shifting regulatory signals. The halt marks a potential turning point in the nation’s evolving fintech strategy. The Bank of Korea informed participating financial institutions that it is temporarily halting its CBDC trials, putting the next phase of testing on hold. The announcement, made on June 29, affects the second round of trials that had been scheduled to roll out later this year source: https://news.shib.io/2025/06/30/south-korea-halts-cbdc-trials-as-banks-shift-focus-to-stablecoins/