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Stablecoins

Chainlink and LG CNS Partner on Korean Won Stablecoins

LG CNS will integrate Chainlink cross-chain and data infrastructure into its digital asset platform to expand Korean won stablecoins.

Chainlink and LG CNS Partner on Korean Won Stablecoins
Image: BullishMarketCap

South Korean IT service provider LG CNS has partnered with Chainlink to drive the expansion of Korean won-pegged stablecoins, according to TheBlock.

Under the partnership, LG CNS will integrate Chainlink's cross-chain, data, and orchestration infrastructure directly into its enterprise digital asset platform.

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Infrastructure Integration

The collaboration focuses on leveraging Chainlink's suite of connectivity tools to bolster LG CNS's digital asset operations. LG CNS aims to use Chainlink's data feeds and cross-chain capabilities to support issuance and transaction flows for fiat-referenced digital assets.

Key facts

  • LG CNS is integrating Chainlink infrastructure into its digital asset platform.
  • The deployment includes Chainlink's cross-chain, data, and orchestration services.
  • The partnership is focused on driving Korean won stablecoin expansion.
$LINK#Chainlink#Stablecoins#SouthKorea

Source: theblock.co

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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