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Korean fintech company Travel Wallet collaborates with Avalanche to develop a stablecoin based on the Korean won

PANews
PANews|7月 01, 2025 09:32
According to Edaily, South Korean fintech startup Travel Wallet has signed a memorandum of understanding (MOU) with Layer1 blockchain platform Avalanche to jointly explore the development of a programmable stablecoin based on the Korean won. As part of the collaboration, Travel Wallet plans to issue a stablecoin anchored 1:1 with the Korean won and design a programmable stablecoin using smart contracts.
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