BSCN(@BSCNews):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.

2026.10.20 15:10

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.