WLFI to Expand USD1 Use in Korea via Moa Protocol Partnership
- —USD1 will be integrated into the MOA Card for everyday payments and into the MOA-Fi asset management service
- —A USD1 market is already live on MOA-Fi, accepting USDT deposits from BNB Chain, Tron and Ethereum
- —Moa Protocol signed an MOU with Korea's medical tourism association, a market estimated at about $2 billion a year
- —In August, WLFI received preliminary conditional approval from the OCC to establish a national trust bank for USD1
Why it matters: WLFI is pushing USD1 beyond exchange listings into real payments, intensifying competition among dollar stablecoins.
Source: Bloomingbit