Decenter reported that global cryptocurrency payment company MoonPay announced on the 30th that it had signed a memorandum of understanding (MOU) with Woori Bank to establish a Korean Won stablecoin infrastructure. This marks MoonPay's first collaboration with a banking institution to support a Korean Won-based stablecoin ecosystem. The two companies have agreed to explore various applications, including international remittances, cryptocurrency wallet integration, and currency exchange functions, within the scope of future institutional frameworks. They also plan to discuss potential applications in the payment and settlement sectors.
