Injective collaborates with bdacs to introduce the Korean won stablecoin krw1
2026-10-20 22:17:21
CoinMeta Data: Injective has collaborated with Korean custodian company bdacs to introduce the Korean won stablecoin krw1 into the Injective network, to be used as the exclusive settlement asset for RWA and tokenized assets. The minting and redemption of krw1 are only available to approved institutions and require regulatory approval. South Korea's top five cryptocurrency exchanges have seen a net outflow of stablecoins to overseas platforms for 18 consecutive months, totaling approximately 10.4 billion US dollars.
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Source:Internet
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