Avalanche Expands in Asia

[cryptoenthusiast]

Avalanche (AVAX) is accelerating adoption in Asia with major enterprise partnerships.

In Korea, BDACS and Woori Bank launched a KRW-backed stablecoin (KRW1), now in pilot phase. INEX exchange signed an MOU with Ava Labs for online/offline payments.

In Japan, Densan (65,000+ stores) and SMBC bank are developing a national stablecoin. Tokenized whisky from Bowmore & Suntory and automotive finance models from Toyota Blockchain Lab showcase AVAX bridging tradition and innovation.

Justin Kim from Ava Labs emphasized Avalanche’s track record of institutional success, from KKR’s healthcare tokenization to Wyoming’s state-backed stablecoin.