Chainlink partners with LG CNS to integrate its infrastructure into a Korean won stablecoin platform.
DeFi & Yields ·
Chainlink and LG CNS have announced a partnership to expand infrastructure supporting Korean won stablecoins. LG CNS will incorporate Chainlink's cross-chain, data, and orchestration capabilities into its digital asset platform, positioning the collaboration within South Korea's broader digital asset ecosystem.
The integration addresses demand within a market valued at approximately $68 billion. By embedding Chainlink's technical stack, LG CNS aims to enhance the functionality and reach of won-denominated stablecoin offerings. The arrangement combines Chainlink's established interoperability layer with LG CNS's platform infrastructure.
Details regarding the scope of the integration—including phased rollout timelines, specific use cases beyond stablecoin issuance, or any financial terms—have not been disclosed in available reporting.