The Bank of Korea has announced its focus on developing a payment system centered around Central Bank Digital Currency (CBDC) and deposit tokens in anticipation of a growing asset tokenization market. According to NS3.AI, the bank highlighted that stablecoins could be used as a supplementary tool, provided they adhere to stringent regulations and ensure redeemability and reserve asset stability. Additionally, the Bank of Korea cautioned that the 24/7 trading of tokenized assets might conflict with traditional market hours and settlement cycles, particularly during periods of market stress.