source: chain.link

Chainlink, SOOHO.IO Launch Project Namsan for Korea’s Stablecoin FX

Quick Breakdown:  Chainlink and SOOHO.IO launch Project Namsan to drive stablecoin FX innovation in Korea. Pilot enables tourists to swap USD stablecoins for KRW digital vouchers at 30% lower costs than traditional FX. Chainlink CCIP ensures cross-chain interoperability, while...

source: paypal.com

PayPal Expands PYUSD Stablecoin to Stellar and Eight More Blockchains

Quick Breakdown  PayPal expands PYUSD to Stellar and eight new blockchains, introducing a permissionless version (PYUSD0) via LayerZero. Stellar integration offers low-cost, fast transactions with adoption in developing economies. Expansion comes as the stablecoin market heads toward $2 trillion,...

source: learn.bybit.com

Ondo Finance Brings Yield-Bearing Stablecoin USDY to Stellar Network

Quick Breakdown  First-of-its-kind: USDY is the first yield-bearing stablecoin launched on Stellar. Backed by Treasuries: Returns come from U.S. Treasuries and bank deposits. Instant access: Already integrated into Stellar apps like LOBSTR and Soroswap. Ondo Finance has launched its...

source: BDACS.com

BDACS Launches Proof-of-Concept for Korean Won Stablecoin KRW1

Quick Breakdown:  BDACS launched KRW1 as South Korea’s first proof-of-concept won stablecoin, fully backed 1:1 by Woori Bank reserves. The stablecoin features real-time reserve verification, planned audits, and compliance modules to meet future regulations. KRW1 aims to enable secure...

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