🇰🇷💰⚡ South Korea Launches Phase 2 Digital Won — 110 Trillion Won at Stake!

🔹 Project Hangang Phase 2 goes live — 9 banks testing CBDC deposit tokens! 🏦🔗
🔹 110 trillion won treasury funds targeted for government subsidies via blockchain ⛓️💸
🔹 Real-world testing — EV charging, P2P transfers across Jeju/Busan/Incheon! 🚗🏝️
🔹 Phase 1 disaster — only 692M won used despite 30B won infrastructure cost! 📉💔
🔹 Banks want fee cuts — slashing credit card + interbank costs via digital rails! ✂️💳

Will Round 2 succeed where Round 1 failed? Asia's CBDC race heats up! 🔥🏁

#CBDC #DigitalWon #SouthKorea #Banking
@money