Solana and Wavebridge Launch KRW-Pegged Stablecoin Initiative

Reported 19 days ago

Solana Foundation has partnered with Korean blockchain firm Wavebridge to create a compliance-ready stablecoin pegged to the Korean won (KRW). Their collaboration aims to design infrastructure that ensures the stablecoin is issued, verified, and controlled for institutional use, facilitating adoption in regulated financial markets. This initiative aligns with South Korea's upcoming regulatory framework for stablecoins, enhancing the integration of digital assets in mainstream finance.

Source: YAHOO

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