Techub News reports that, according to Naver, South Korea’s new governor of the Bank of Korea, Shin Hyun-song, emphasized in his inaugural speech that the rollout of central bank digital currency (CBDC) will be accelerated. Shin Hyun-song specifically mentioned the second phase of the “Han River Project,” which is intended to improve the utilization of CBDC and commercial bank deposit tokens, and plans to enhance the Korean won’s position in a digital payments environment through international cooperation such as the Agora project. In his inaugural speech, Shin Hyun-song did not mention a Korean won stablecoin. He previously stated in a hearing that stablecoins have structural limitations and security risks, and he believes that deposit tokens based on CBDC should become the core of South Korea’s digital currency ecosystem to ensure trust in money and maintain the central bank’s control within the existing foreign exchange regulatory framework.