Injective, BDACS plan Korean won stablecoin settlement for tokenized assets
Oct 20 2026 17:05 UTC
Blockchain network Injective has entered into a memorandum of understanding with South Korean digital asset custodian BDACS to bring a won-backed stablecoin to its tokenized asset markets, potentially allowing institutions to settle transactions without relying on US dollar stablecoins.According to…
➤ Injective and BDACS are partnering to introduce a Korean won-backed stablecoin (KRW1) for settling tokenized assets on the Injective blockchain.
➤ This initiative aims to enable institutions to transact directly in Korean won, reducing reliance on USD-denominated stablecoins.
➤ The move aligns with South Korea's developing regulatory framework for digital assets and stablecoins under the proposed Digital Asset Basic Act.
Read more at: https://rwatimes.io/articles/tradingview-injective-bdacs-plan-korean-won-stablecoin-settlement-for-tokenized-assets-242734983?utm_source=binance
Oct 20 2026 17:05 UTC
Blockchain network Injective has entered into a memorandum of understanding with South Korean digital asset custodian BDACS to bring a won-backed stablecoin to its tokenized asset markets, potentially allowing institutions to settle transactions without relying on US dollar stablecoins.According to…
➤ Injective and BDACS are partnering to introduce a Korean won-backed stablecoin (KRW1) for settling tokenized assets on the Injective blockchain.
➤ This initiative aims to enable institutions to transact directly in Korean won, reducing reliance on USD-denominated stablecoins.
➤ The move aligns with South Korea's developing regulatory framework for digital assets and stablecoins under the proposed Digital Asset Basic Act.
Read more at: https://rwatimes.io/articles/tradingview-injective-bdacs-plan-korean-won-stablecoin-settlement-for-tokenized-assets-242734983?utm_source=binance