First Korean Won-Backed Stablecoin Issued By FinTech Firm BXB
FinTech firm BXB Inc. has officially released its Korean won backed stablecoin, KRWb, which aims to address the growing pains surrounding the Korean crypto market.
In its announcment, the company claims that KRWb is the “first ERC-20 compatible, globally accessible and collateralized stablecoin pegged to deposits of Korean won.”
