Gyeonggi Suspends Stablecoin Study, Putting February 2027 Goal at Risk

Gyeonggi has suspended work on a stablecoin introduction study begun in July, putting its February 2027 completion target at risk as a local official cites digital-asset policy developments. The project started in early July 2026. Its timetable called for an initial proof-of-concept phase in August, followed by expansion work and a test network from October through December. It had not made substantive progress before the pause. A Gyeonggi official said the project was not canceled.