Injective has signed a memorandum of understanding with BDACS to designate the Korean won-pegged stablecoin KRW1 as the sole settlement asset for real-world asset (RWA) and tokenization activities on its network. The partnership enables direct trading and settlement of tokenized assets in Korean won, eliminating the need for USD stablecoin intermediaries. KRW1 minting and redemption are restricted to approved institutional partners and must comply with regulatory requirements. This move positions Injective to capture greater participation from Korean market participants in tokenized asset markets by providing native local currency infrastructure.