$ETH
$WBETH
$OP
Upbit launches Giwa — its own Ethereum L2
🇰🇷 The largest Korean exchange Upbit is entering the infrastructure level: the Ethereum Layer 2 network Giwa based on OP Stack (Optimism) has been launched in the testnet.
🔥 Features: blocks every 1 second, EVM and Solidity compatibility — dApps can be migrated without changing tools.
🎯 Focus — a simple Web3 infrastructure for the mass user. A key element is a stablecoin pegged to the South Korean won, as part of a government initiative for currency sovereignty. Giwa Wallet is also in preparation.
📢 Context: Upbit processes \$2.25 billion daily and is among the top global CEX. The launch of L2 with a local stablecoin could become the foundation for integration into the real economy and a catalyst for the Asian crypto ecosystem.
Investors should keep an eye out: the listing of Giwa tokens is possible upon the launch of the mainnet.
$WBETH
$OP
Upbit launches Giwa — its own Ethereum L2
🇰🇷 The largest Korean exchange Upbit is entering the infrastructure level: the Ethereum Layer 2 network Giwa based on OP Stack (Optimism) has been launched in the testnet.
🔥 Features: blocks every 1 second, EVM and Solidity compatibility — dApps can be migrated without changing tools.
🎯 Focus — a simple Web3 infrastructure for the mass user. A key element is a stablecoin pegged to the South Korean won, as part of a government initiative for currency sovereignty. Giwa Wallet is also in preparation.
📢 Context: Upbit processes \$2.25 billion daily and is among the top global CEX. The launch of L2 with a local stablecoin could become the foundation for integration into the real economy and a catalyst for the Asian crypto ecosystem.
Investors should keep an eye out: the listing of Giwa tokens is possible upon the launch of the mainnet.
