Excited to partner with @payprotocol, Korea's leading payment gateway company, to design an @avax L1 purpose-built for settlement of KRW stablecoin for its nation-wide merchant network. Welcome to avalanche!
We are thrilled to announce that Danal Fintech, the operator of #Paycoin, is partnering with @AvaLabs and @avax to strengthen our stablecoin platform. This collaboration marks a significant milestone in expanding stablecoin services both in Korea and globally. Together we will: - Support and integrate tech through combining Avalanche's blockchain tech with #Danal's payment expertise. - Build regulatory compliance models for South Korean framework. - Participate in regulatory sandboxes & govt. pilot programs. - Co-branding campaigns. @avax's unique chain architecture is perfectly aligned with our vision for stablecoin payment networks, and they have proven its reliability through major projects: - $FRNT, First state-level stablecoin by Wyoming government. - Onyx by @jpmorgan. - Capital market tokenization pilots under UK FCA regulation. This collaboration with @avalabs and @avax represents a crucial turning point in our journey to build a user-centric, secure, and convenient stablecoin payment ecosystem. More updates coming soon! 🔥
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