Crypto
Aracore, Teiza to work on institutional stablecoin settlement model between South Korea and Malaysia
Aracore, a U.S. subsidiary of blockchain and AI company BPMG, has signed an MOU with Malaysian blockchain infrastructure firm Teiza to jointly identify an institutional stablecoin payment and settlement model between South Korea and Malaysia. The two will review a cross-border payment and settlement model by linking Aracore’s Institutional Settlement Network with Teiza’s digital infrastructure and institutional network. They also plan to assess transaction demand through partner institutions.
