BDACS, Woori Bank Launch South Korea’s First Won-Backed Stablecoin on Avalanche
Asia’s stablecoin race is hotting up as South Korea joins the fray with its first fully regulated won–backed stablecoin.
Original source
Read on DecryptRelated market context
South Korea finance ministry says tokenized stocks are securities, not crypto assets, opening door to taxes: report
South Korea’s finance ministry said tokenized stocks are securities, opening potential taxation as early as H2 2026 if regulators...
South Korea’s World Cup comeback highlights crypto’s deepening FIFA integration
Crypto's integration into FIFA events could significantly boost mainstream adoption and reshape sports marketing strategies global...
South Korea defeats Czech Republic 2-1 in World Cup opener, and crypto is all over the tournament
The integration of crypto in the World Cup highlights its growing influence in sports, potentially reshaping fan engagement and in...
Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...
Japan’s SBI is using XRP to solve a banking problem
SBI Shinsei Bank is reportedly offering crypto deposit rewards to customers, with vouchers worth 20% of their interest payments re...
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...