KRWIN stablecoin to make its debut on BitMart exchange

Global cryptocurrency exchange BitMart announced it will list the KRWIN stablecoin for the first time on Nov. 13. KRWIN is a fiat-collateralized stablecoin issued overseas for non-residents, with its proof-of-concept phase being operated by Kcle One, a subsidiary of INITECH. Kcle One stated that it plans to use the listing to expand KRWIN's global liquidity and, following regulatory approvals, increase its adoption among non-South Koreans through integrations with K-content, tourism, and payment industries. CEO Lee Sang-jun commented that the listing is a practical bridgehead for entering the global stablecoin market and will lay the foundation for broader use in sectors like the K-content ecosystem.