Search results for KRW stablecoin
Crypto
K-STAR verifies blockchain-based digital local currency with BNK Busan Bank
K-STAR, a technology alliance for a won stablecoin-based digital currency infrastructure involving AhnLab Blockchain Company, said on Sunday it completed a proof of concept with BNK Busan Bank to verify blockchain-based payment and settlement infrastructure for digitising local currency. The project aimed to implement an end-to-end policy-based local currency with embedded conditions such as usage locations and validity periods, and to test operational feasibility in a real financial environment.
Crypto
New book says stablecoins redesign financial infrastructure
A new book co-authored by Park Jae-hyun (박재현), head of Nun21, and Park Ji-su (박지수), head of Suho.io, has been published by Hanbit Media. The authors redefine stablecoins as a core layer integrating money, payments, settlement and credit, rather than a cryptocurrency investment tool. The book analyses how KRW stablecoins could reshape banks, payments and an AI agent economy from technical, legal and financial perspectives.
Crypto
Hashed Open Finance unveils Maroo testnet for KRW stablecoin blockchain
Hashed Open Finance, a unit of Web3 venture capital firm Hashed, has unveiled the first testnet for Maroo, a sovereign layer 1 blockchain aimed at supporting a Korean won stablecoin ecosystem. The company said Maroo is designed to retain public-chain openness while incorporating compliance, auditability and privacy protection from the outset. The testnet uses an OKRW token for fees and will test a dual-track model combining open and regulated transaction paths.