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Wemade teams up with BDACS to build standard model for stablecoin payments

Wemade signed an MOU on April 21 with digital asset custodian BDACS to develop a stablecoin payment model and cooperate on business. The two will link Wemade’s won stablecoin-only mainnet, StableNet, with BDACS’ corporate custody wallet. StableNet lets users pay transaction fees in won stablecoins without a gas token and supports KYC and AML compliance solutions. They also plan to jointly design reserve management and short-term custody asset operation architecture.