iM Bank Launches Won-Based Stablecoin Ecosystem Partnership

iM Bank has made significant strides in digital finance by launching a won-based stablecoin ecosystem in collaboration with Finger and Valley Data.

The partnership aims to create a hybrid financial model that combines traditional banking reliability with the operational efficiency of blockchain systems.

One of the key features of this initiative is the development of a verified stablecoin framework, which ensures transparency, compliance, and real-time verification. This will be achieved through direct linking of bank deposits with on-chain token issuance and continuous verification to ensure each issued token is backed by corresponding reserves held within the banking system.

In addition, the project involves the implementation of smart contracts designed to meet international standards, supporting secure and automated transactions while maintaining interoperability with global blockchain networks.