Injective and BDACS Plan Korean Won Stablecoin for Tokenized Asset Trading

Injective signed a memorandum of understanding with South Korean custodian BDACS to bring the KRW1 won stablecoin to its tokenized asset markets. KRW1 would be the exclusive won settlement asset for real-world assets on Injective, with minting and redemption starting with approved institutional partners and needing regulatory approval.