According to South Korean media NAVER, fintech foreign exchange platform Travel Wallet has signed a strategic cooperation agreement with Avalanche to jointly develop the Korean won basic stablecoin and programmable stablecoin.
The two parties plan to issue a stablecoin anchored 1:1 to the Korean won, and design and implement a programmable stablecoin model that incorporates smart contract technology. This programmable stablecoin is based on smart contracts that automatically execute predefined conditions, and automates financial transactions such as escrow, payment, and installment payments without human intervention.
Travel Wallet partners with Avalanche to jointly develop a stablecoin
2025-07-01 09:39:25
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