🥳 Earning Growth Points can Win an iPhone 16?
🔥 Gate Post Growth Points Summer Lucky Draw Round 1️⃣ 1️⃣ Is Live!
🎁Prize pool over $10,000! Win iPhone 16 Pro Max 512G, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=11
How to earn Growth Points fast?
1️⃣ Go to [Post], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
New feature this round: “Fragment Exchange”! Collect fragments to redeem exclusive Gate merch!
100% chance t
The Central Bank of South Korea plans to issue deposit-type tokens on a public Blockchain network.
According to Deep Tide TechFlow news, on May 27, News1 reported that the Bank of Korea (BOK) is exploring the integration of Central Bank deposit-type tokens with public Blockchain networks. Lee Jong-ryeol, the Deputy Governor of the Bank of Korea, elaborated on the bank's vision at the "Blockchain Leaders Club" event on Tuesday.
Lee stated that this type of state-backed deposit token is a "stablecoin" that will be issued within the Central Bank digital currency framework. Data shows that in the first quarter of 2025, stablecoins accounted for 47% of South Korea's cryptocurrency outflow, with dollar-pegged USDT and USDC accounting for 26.87 trillion Korean won (approximately 19.1 billion dollars).
It is worth noting that South Korean opposition leader Lee Jae-myung previously proposed issuing a Korean won-backed stablecoin to reduce dependence on foreign private stablecoins and curb the outflow of cryptocurrency funds amounting to 56.8 trillion won.