DeFi· ★★★· bullish·

Kyobo Life teams up with Circle and SBI Holdings on stablecoins and RWA

  • —Kyobo Life, Circle, SBI Holdings and BDACS discussed stablecoins and RWA in Seoul on Oct. 1
  • —SBI showcased yen stablecoin JPYSC and blockchain Strium, Circle pitched StableFX, BDACS presented KRW1
  • —Kyobo Life is reviewing investment and operational infrastructure for digital assets
  • —Participants agreed on the need for regulatory standards and investor protection in onchain finance
Why it matters: A major Korean insurer entering stablecoins and RWA accelerates institutional adoption across Asia.
#USDC
Source: Bloomingbit
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