14.9 trillion won
Injective's own KRW1 post has it: roughly $10.4 billion in stablecoins that Korea's five big exchanges sent offshore, net, 18 months in a row since January 2025
that's the demand a won stablecoin is built to keep at home
what Injective and BDACS signed on October 20 is an MOU: work together to make KRW1 the first won settlement asset for RWAs on Injective
the trending tag says "exclusive". the announcement doesn't
KRW1 isn't new either. it already lives on Ethereum, Avalanche and Circle's Arc, reserved 1:1 in won at Woori Bank
minting and redemption stay with approved institutions, pending regulators. so for retail this deal has nothing to click yet
$INJ
gets a partner and a direction. the money keeps leaving, the law sits in consultation. so we wait)
#injective
Injective's own KRW1 post has it: roughly $10.4 billion in stablecoins that Korea's five big exchanges sent offshore, net, 18 months in a row since January 2025
that's the demand a won stablecoin is built to keep at home
what Injective and BDACS signed on October 20 is an MOU: work together to make KRW1 the first won settlement asset for RWAs on Injective
the trending tag says "exclusive". the announcement doesn't
KRW1 isn't new either. it already lives on Ethereum, Avalanche and Circle's Arc, reserved 1:1 in won at Woori Bank
minting and redemption stay with approved institutions, pending regulators. so for retail this deal has nothing to click yet
$INJ
gets a partner and a direction. the money keeps leaving, the law sits in consultation. so we wait)
#injective