Wemade releases the source code for the Korean won stablecoin-dedicated blockchain “StableNet”
Jinse Finance reported that Wemade (112040) announced on the 10th that it has publicly released the testnet source code for “StableNet,” Korea’s first won-pegged stablecoin dedicated Layer 1 blockchain. “StableNet” is the official brand name of the won stablecoin Layer 1 blockchain mainnet, which Wemade first unveiled at the “Project Stable One” launch event in September this year. StableNet aims to provide a variety of specialized functions related to the issuance and operation of won stablecoins, enabling enterprises to adopt and utilize stablecoin technology more easily and efficiently.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Canton Network breaks 2 month range! – CC’s run to $0.15 depends on THIS zone
Analysis: Wall Street Is Not Yet Ready to Short AI in Large Numbers
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
