Travel Wallet, a fintech platform specializing in foreign exchange, has announced a partnership with Avalanche to develop a Korean Won-based stablecoin. This collaboration aims to leverage Avalanche's blockchain technology to create a stable and efficient digital representation of the Korean currency. The partnership will focus on issuing a stablecoin pegged 1:1 to the Korean Won. Furthermore, Travel Wallet and Avalanche will jointly explore the design and implementation of programmable stablecoins using smart contract technology. This innovative approach will enable advanced functionalities and automated processes within the stablecoin ecosystem. This initiative signifies a growing interest in stablecoins and their potential to revolutionize financial transactions in South Korea. By combining Travel Wallet's expertise in foreign exchange with Avalanche's blockchain capabilities, this partnership promises to bring a reliable and innovative stablecoin solution to the Korean market. ```

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