<ul data-eligibleForWebStory="true"><li>Travel Wallet and Avalanche are partnering to develop a Korean won-pegged stablecoin for domestic and international use, focusing on programmable money capabilities.</li><li>The collaboration aims to create a payment system blending blockchain efficiency with fiat stability, targeting retail and corporate transactions, online ecosystems, and physical point-of-sale systems.</li><li>South Korea's leadership is supportive of deeper crypto integration, with plans for spot crypto ETFs and stablecoin oversight. The partnership signifies a significant step in South Korea's stablecoin narrative.</li></ul>

South Korea Moves Toward Blockchain Payments with Avalanche Deal

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