The Travel Wallet of South Korea collaborates with Avalanche Deal to develop a stablecoin.

robot
Abstract generation in progress

A South Korean fintech startup, Travel Wallet, is collaborating with Avalanche to develop a stablecoin pegged to the South Korean won. Their goal is not only to create a new digital asset but also to build programmable currency that automates real-world payment systems. This stablecoin is expected to be used in retail transactions and B2B payments, integrated into both online ecosystems and point-of-sale systems.

The CEO of Travel Wallet, Kim Hyung-woo, believes that this move could reshape the relationship between technology and finance. At the same time, the South Korean government is also preparing for a deeper integration of cryptocurrency, with support for cryptocurrency ETF funds and regulations on stablecoin.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)