Busan Bank of South Korea completes pilot program for Korean won stablecoin infrastructure on Kaia Chain

According to BlockBeats, on July 6th, BNK Busan Bank of South Korea completed a pilot test of its Korean Won stablecoin infrastructure on Kaia Chain. This proof-of-concept (PoC) was jointly conducted by K-STAR Alliance partners AhnLab Blockchain Company, Lambda256, and Open Asset. Test results showed a 100% transaction success rate and a processing time of less than one second.