[Report] A Strategic Framework for the Coexistence of the Three Pillars of Digital Currency This report aims to analyze the global issuance and circulation mechanisms of digital assets that claim to function as legal tender, and to propose regulatory directions and growth strategies that should be adopted by Korean policymakers and industry stakeholders. Readers in other jurisdictions are encouraged to interpret the findings within the context of their own regulatory environments. Key Points - CBDCs and stablecoins are not substitutes but complements, reflecting the traditional dual structure of central bank money and commercial bank money in a digital context. - Bank-issued stablecoins are optimized for wholesale settlement and institutional trust, while non-bank stablecoins serve retail economies and Web3 ecosystems—together forming a parallel framework. - As demonstrated by initiatives like Project Agorá, CBDCs are essential for cross-border settlement due to their legal finality, protection of monetary sovereignty, and governance neutrality. - To balance monetary sovereignty with innovation, Korea should pursue a dual-track approach: allowing non-bank stablecoin experiments within regulatory sandboxes, while promoting institutional stablecoins led by commercial banks. The full report "A Strategic Framework for the Coexistence of the Three Pillars of Digital Currency" written by DeSpread Head of Strategy @Earl_Senor can be accessed through the links below⤵️ ENG: KOR: JPN: ZH:

☕🍰 Máte chuť na kávu? Doraemonův dort? Nebo obojí? 🐱 Připravte se, protože TOUS les JOURS se příští týden na @avax🚀 chystá spustit nejúžasnější celostátní blockchainovou kampaň. Ať už je to vaše ranní latté nebo oblíbené pečivo, brzy je budete moci uplatnit pomocí poukázek na chainu. Ano, váš běh na kávu právě dostal upgrade Web3. Jste připraveni na TOUS les JOURS? Pojďme na to 🥖✨ #Blockchain #Avalanche #Web3 #Loyalty #Vietnam #TousLesJours

🎉COMP Season 2 is LIVE! 🤝Sponsored by @BitMEX & @avax Special NFT cards featuring unforgettable moments from 40 Fantrie creators are now available. Discover new creators and own their most exclusive moments! 🃏DRAW YOUR COMP NOW! 💡Hold your COMP and get ready for upcoming events! ✅Follow @fautor_official for upcoming events! #COMP #Fantrie #Fautor #NFT #Web3 #BitMEX #Avalanche

━━━━━━━━━━━━ 💎 "Under Blue" TAG缶 💎 ━━━━━━━━━━━━ アリーナツアー #UnderBlue 会場に”Under Blue自販機"が設置されます🥤 ◆ 味：レモンスカッシュ / 烏龍茶 ラベルはステッカーとして剥がして保存可能です。 さらに、缶に貼ってあるQRコードをスキャンするとデジタル特典が獲得できます！ 会場の思い出に、是非お楽しみください👁‍🗨 ※絵柄はランダム(全6種) ※1回の整列でお一人さま2本まで/現金&キャッシュレス対応 ※仙台/神奈川公演に関しては後日発表 #EveArenaTour2025 #UnderBlue