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South Korea Announces Won Internationalization Roadmap, Plans Stablecoin and Bond Tokenization Pilot in 2027

2026-07-19 11:49:31

According to ETNews, South Korea released a won internationalization roadmap on July 19, targeting the transition from a regulated to a freely convertible currency. The Bank of Korea will launch an offshore won settlement network, with a trial run planned for September 2026 and official launch in January 2027. The roadmap also includes building digital asset payment infrastructure to enable the issuance of won-denominated stablecoins and a government bond tokenization pilot linked to the Bank of Korea's central bank digital currency (CBDC), scheduled to begin in 2027. Additionally, South Korea will formally join the BIS-led cross-border digital payment project Agora.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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