Injective, BDACS plan Korean won stablecoin settlement for tokenized assets
Summary
Injective and BDACS intend to introduce a won-backed stablecoin named KRW1 into tokenized asset markets. This initiative coincides with South Korea working on establishing regulatory guidelines for local currency stablecoins.
Injective and BDACS plan to bring won-backed stablecoin KRW1 to tokenized asset markets as South Korea develops a regulatory framework for local currency stablecoins.
Source: Read the full story at Cointelegraph.com News
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