BNK Busan Bank completes Korean won stablecoin pilot on Kaia Chain

BNK Busan Bank has completed a pilot of Korean won stablecoin infrastructure on Kaia Chain for use in digital local currency scenarios. This PoC was jointly participated by K-STAR Alliance partners AhnLab Blockchain Company, Lambda256, and Open Asset. The test results showed a transaction success rate of 100% and a processing time of less than 1 second.