Axelar completes won stablecoin PoC with XRP Ledger Korea, Hana Financial TI

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Axelar completed a proof-of-concept with XRP Ledger Korea and Hana Financial TI to test issuance, distribution, and settlement for a won-based stablecoin. The test was designed to prepare for the potential regulatory formalization of stablecoins and to assess whether a South Korean won digital asset could work in a real-world financial institution environment.

XRP-1.51%
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