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Korea's won is coming to Aptos. @BDACSKorea is deploying KRW1, the world's first KRW-pegged stablecoin, on Aptos — its first non-EVM chain — to power onchain commerce across Korea and beyond: payments, B2B settlement, and RWA tokenization. Full details:
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🇰🇷 NEW: Injective partners with South Korean custodian BDACS to make its won-backed KRW1 stablecoin the exclusive settlement asset for tokenized RWAs on its network.
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The Korean Won is coming to Injective Blockchain @Injective is partnering with custodial infrastructure company @BDACSKorea to roll out $KRW1, Korea's first stablecoin, fully collateralized 1:1 in cash from domestic commercial banking vaults. The monetary intervention aims to address ongoing capital flight, with Korean traders withdrawing about $10.4B in stablecoins over 18 continuous months from domestic exchanges such as Upbit to offshore platforms. This latest stablecoin intervention builds on existing corporate enterprise pipelines in Injective, including POSCO International and LG CNS clearing their trade receivables.
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KRW1, the world's first KRW-pegged stablecoin, is coming to Aptos. @BDACSKorea chose Aptos, the full stack for markets and machines to power onchain commerce across Korea and beyond, for a reason. The demand is here. Aptos is ready.
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Bdash-jr fork to feature a Bcash-like instamine? Luke's RIPEMD160 PoW hardfork code allows the first 40k blocks to be mined by anyone, as literally any nonce will be valid.
2 BDCs To Buy That Could Replace ARCC And OBDC In Your Portfolio $BIZD #markets# #stocks# #stockmarket#
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Private funds hold more than $16 trillion in traditional AUM. $600 billion of that sits in BDCs, interval funds, and tender-offer vehicles, the semi-liquid structures built for periodic investor access. Less than half a percent of that $600 billion is tokenized today. Adoption has barely started.
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Canada could become the EU’s first-ever “associate member” @stephencrrll breaks down what that means