South Korea's BDACS selects LayerZero OFT standard for KRW1 stablecoin omnichain expansion
BDACS, the largest digital asset custodian in South Korea, selected LayerZero's OFT standard to expand the won-backed KRW1 stablecoin across multiple blockchains. KRW1 will be burned on the source chain and minted on the destination chain during cross-chain transfers to avoid fragmented wrapped assets, with transfers available via Stargate.
Detected & updated continuously · Source: Nebula
Sources
@BSCNews
South Korea’s Won Stablecoin Gets a LayerZero Route to Global Markets BDACS, the largest digital asset custodian in South Korea, selected LayerZero’s (@LayerZero_Core) OFT standard to expand KRW1 across multiple blockchains. The Korean won backed stablecoin already operates on https://t.co/gtxf2m657X
@iiam_Akshay
🚨 $ZRO GLOBAL NEWS 🇰🇷🌎 Korea’s won-backed KRW1 stablecoin is going omnichain through LayerZero’s OFT standard. That means KRW1 can move across major blockchain ecosystems while keeping liquidity connected. 💵🔗 A local-currency stablecoin is now entering the cross-chain
@iiam_Akshay
🚨 $ZRO GLOBAL NEWS 🇰🇷🌎 South Korea’s KRW1 won-backed stablecoin is going omnichain through LayerZero’s OFT standard. The goal: move KRW1 across major blockchain ecosystems while keeping liquidity connected. 🔗💵 Korean stablecoin infrastructure is officially entering the
@wublockchain12
据 LayerZero，韩国数字资产托管机构 BDACS 已为其韩元稳定币 KRW1 采用 LayerZero 的 OFT 标准，用于统一多链发行与跨链转移。KRW1 跨链时将在源链扣减、目标链增发，避免不同链上形成彼此割裂的包装资产，用户可通过 Stargate 完成转移。LayerZero 称，OFT 同样被 USDT0、PYUSD、USDG
@iiam_Akshay
🚨 $ZRO GLOBAL NEWS 🇰🇷🌎 Korean won-backed stablecoin KRW1 is going omnichain through LayerZero’s OFT standard. That means KRW1 can move across major blockchain ecosystems while keeping liquidity connected. 💵🔗 A national-currency stablecoin is now entering the cross-chain