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Busan Bank of South Korea completes pilot for KRW stablecoin infrastructure on Kaia Chain

2026-07-06 11:31:00

The Bank of Busan (BNK Busan Bank) has completed a pilot for the Korean won stablecoin infrastructure on Kaia Chain.

This PoC (Proof of Concept) was jointly participated in by K-STAR Alliance partners AhnLab Blockchain Company, Lambda256, and Open Asset. The test results showed a transaction success rate of 100%, with processing times of less than 1 second.

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