Great news! Koreans no longer need to exchange for USD before venturing overseas! @injective has officially announced the on-chaining of the Korean Won. KRW1, issued by the Korean custodian @BDACSKorea, has become the exclusive Korean Won-settled asset for RWA on Injective. Buying tokenized assets can be done directly with Korean Won, eliminating the need for a USD stablecoin. KRW1 is Korea's first stablecoin in the Korean Won, with its reserves held 1:1 in major Korean banks. Everyone knows how aggressive Koreans are at cryptocurrency trading, but the on-chain market is primarily USD-settled, requiring users to exchange for USD before venturing overseas. According to official data, leading Korean exchanges have experienced net outflows of stablecoins for 18 consecutive months, totaling approximately $10.4 billion. Now, this money can remain on-chain in Korean Won – that's true localization. Furthermore, Injective already has a strong presence in South Korea. POSCO and LG CNS have been issuing and settling genuine trade receivables on it, and the Korean won settlement completes the puzzle. First Thailand's GULF, then South Korea's Won—is INJ aiming to conquer Asia country by country? That's quite ambitious! *** This does not constitute any investment advice; it is merely a personal record and opinion. Profit and loss are at your own risk.