Chainlink and LG CNS partner to advance South Korea’s Korean won stablecoin and digital asset infrastructure

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LG CNS and Chainlink have partnered to integrate Chainlink’s cross-chain, data and orchestration infrastructure into digital asset platform solutions for South Korean institutions, advancing the development of Korean won stablecoins and digital asset infrastructure. The two sides will also develop oracle, interoperability and cross-chain standards applicable to South Korean institutions; South Korea currently has no clear legal basis for the commercial issuance of Korean won stablecoins.