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Deep Tide TechFlow News, March 28 — According to the Financial Times, South Korean President Lee Jae-myung has nominated Shin Hyun Song, Director of the Monetary and Economic Department at the Bank for International Settlements, a "pragmatic hawk," as the new candidate for the Governor of the Bank of Korea. It is reported that Shin Hyun Song is opposed to the Lee Jae-myung administration's push for the Korean won-pegged stablecoin, believing that in countries with volatile exchange rates and susceptibility to capital outflows, stablecoins can easily become tools for capital flight, and stablecoins pegged to the domestic currency may accelerate this trend.