Injective and BDACS signed an MoU to introduce KRW1, a won-backed currency, as a settlement asset for tokens and real-world assets on the network, instead of routing transactions through dollar currencies. Issuance, minting, and redemption will be available to approved institutions, subject to regulatory approval. Could local currencies open a new door to tokenization? ๐ฐ๐ท๐ช๐
$INJ #INJ #RWA
$INJ #INJ #RWA