Injective, BDACS plan Korean won stablecoin settlement for tokenized assets
Injective and BDACS plan to bring won-backed stablecoin KRW1 to tokenized asset markets as South Korea develops a regulatory framework for local currency stablecoins.
Sector
Cosmos Ecosystem
Cosmos focuses on blockchain interoperability, working towards the vision of building the “Internet of Blockchains.”
$2.58BSector capitalization
+1.60%over 24 hours
$336.11MTraded in 24 hours
5Assets classified here
Reading a sector. Sector capitalization is the sum of its members’ market capitalizations. Members are assets CoinGecko classifies in this category; most assets belong to several categories, so sector totals overlap and must not be added together.
01
Constituents
| # | Asset | Price | 24h | 7d | Market cap | Value locked | Fees, annualized | MC / fees | From high |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
 Cosmos HubATOM
|
$1.75 | +0.44% | -6.95% | $940.36M | $139,632 | $25,204 | 37,409× | -96.01% |
| 2 |
 InjectiveINJ
|
$8.91 | +3.34% | +10.25% | $890.37M | $14.28M | $2.93M | 290.2× | -83.08% |
| 3 |
 CelestiaTIA
|
$0.6208 | +1.18% | +8.28% | $610.24M | — | — | — | -97.02% |
| 4 |
 dYdXDYDX
|
$0.1183 | +3.05% | -13.76% | $100.06M | $70.46M | — | — | -97.38% |
| 5 |
 OsmosisOSMO
|
$0.0480 | -8.55% | +10.53% | $35.95M | $11.80M | $59,711 | 670.5× | -99.57% |
02
Sector coverage
Recent stories about assets in this sector. Each story appears on one sector page only, so sectors that share members still carry different coverage.
Injective partners with BDACS to bring Korean won stablecoin to RWA ecosystem
The move comes amid South Korea's regulatory developments to establish a framework for Korean won-denominated stablecoins.
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