According to BDACS, on May 13, the digital asset infrastructure company signed a memorandum of understanding (MOU) with Layer 1 blockchain platform Aptos to expand its KRW1 won-backed stablecoin to the Aptos network and build multi-chain on-chain commerce infrastructure.
The integration marks the first expansion of KRW1 to a non-Ethereum Virtual Machine (EVM)-based mainnet. Both parties plan to enhance asset accessibility and liquidity while expanding KRW1’s utility in global digital finance markets through mobile gift card services and blockchain wallet infrastructure integration.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
JPMorgan files to launch a tokenized money market fund, allowing stablecoin issuers to invest reserves and earn yield
On May 13, CoinTelegraph reported that JPMorgan has filed documents with the U.S. Securities and Exchange Commission (SEC) to launch on Ethereum a tokenized fund called the “On-Chain Liquidity Token Money Market Fund” (JLTXX). It would allow stablecoin issuers to deposit their stablecoin reserves into regulated cash-like instruments while earning interest. JLTXX Fund Core Terms and Design According to an SEC filing (reported by CoinTelegraph), JLTXX’s main terms are as follows: Investment target
MarketWhisper15m ago
DTCC Selects Chainlink as Data Layer for 24/7 Tokenized Collateral Platform, Q4 2026 Launch
According to ChainCatcher, DTCC announced on Tuesday that it has selected Chainlink as the data and orchestration layer for its upcoming tokenized collateral platform. The Collateral AppChain will leverage Chainlink's Runtime Environment (CRE) and data standards to support eligibility
GateNews36m ago
Injective USDC Becomes Primary Stablecoin Standard for Cosmos Ecosystem and dYdX
According to Cosmos Hub and Cosmos Labs, Injective USDC has been confirmed as the primary stablecoin standard for the Cosmos ecosystem and dYdX. Injective will provide at least four years of long-term USDC support, with an initial issuance exceeding $100 million. dYdX will lead the migration,
GateNews51m ago
Bermuda’s financial activities migrate to the Stellar network, aiming to become a fully on-chain national economy
According to CoinTelegraph, Bermuda’s Prime Minister David Burt announced at the Bermuda Digital Finance Forum on Tuesday that the Bermuda government plans to move some payment and financial services activities to the Stellar network as part of its plan to become a “fully on-chain national economy.” The government also announced that, after completing a risk assessment, it will be able to accept and invest in digital assets. Stellar Migration Plan: What’s Driving High Payment Processing Fees Acc
MarketWhisper56m ago
JPMorgan Files Second Tokenized Money Market Fund on Ethereum
JPMorgan Chase's asset management arm filed paperwork on Tuesday for its second tokenized money market fund, the JPMorgan OnChain Liquidity-Token Money Market Fund (ticker JLTXX). The fund would issue digital tokens on the Ethereum blockchain representing shares in a portfolio of U.S. Treasuries
GateNews7h ago
HBAR Gains Attention as Hedera Expands Into Insurance Data
Key Insights
Hedera entered the insurance sector through HashSphere integration, creating steady HBAR transaction demand tied directly to property data verification.
Eight leading United States property insurers joined the initiative, strengthening Hedera’s enterprise adoption narrative and
CryptoNewsLand8h ago