AxCNH and KRW1 Stablecoins Launch in Asia as $BEST Token Soars Past $16M on Presale

The AxCNH, a Chinese Yuan-pegged stablecoin issued by AnchorX, was officially launched connected September 17, 2025 successful Hong Kong. BDACS besides launched KRW1, a South Korean Won-pegged stablecoin, the pursuing day.

Why bash these moves matter? Because the crypto contention is heating up.

While America’s caller national stablecoin model (the GENIUS Act successful 2025) sets strict issuance and transparency rules, countries similar Hong Kong and South Korea are besides accelerating regulatory frameworks to oversee stablecoin activity.

Retail users besides basal to gain. Putting fiat on-chain enables near-instantaneous 24/7 cross-border colony and brings astute contracts into the mix. This not lone reduces correspondent-bank friction, but allows for programmable FX flows (like atomic swaps and different DeFi uses).

Currently successful signifier 2 of its roadmap, this crypto task bridges the spread betwixt crypto and CeFi with effortless onramping, multi-chain support, low-cost swaps, and much features similar derivatives trading and a debit paper successful the pipeline.

Stablecoin Market Heats Up: What AxCNH and KRW1 Mean for Global Crypto Growth

Unlike accepted fiscal systems, the blockchain ne'er sleeps. With nary concern hours oregon imaginable analogous delays to necktie it down, some individuals and businesses trading on-chain payment from a reliable, around-the-clock solution.

This besides makes currency faster and much easy accessible, adjacent for cross-border payments oregon transfers, giving radical existent reasons to usage blockchain implicit bequest systems.

More importantly, being fiat-backed and overcollateralized, these stablecoins align with planetary regulatory expectations, raising institutions and retail users’ spot and assurance to clasp crypto.

Unlike accepted fiscal systems, stablecoins besides trust connected oracle networks similar Chainlink, which alteration real-time, tamper-resistant information and automated, trustless astute contracts for lending and DeFi trading.

Source: Chainlink’s station connected X

For newcomers inactive uncertain astir entering the crypto landscape, stablecoins connection a acquainted introduction point, arsenic they lucifer fiat currencies and make a harmless situation for traders to run without concerns astir volatility.

With that base, it becomes easier to research different integer assets and DeFi applications. This is wherever Best Wallet and Best Wallet Token ($BEST) besides travel successful arsenic beginner-friendly crypto tools with gathering momentum down them.

Best Wallet Makes Crypto Easy While Its Native $BEST Token Raises $16M+ successful Presale

Best Wallet is 1 of the starring blistery wallets built to outperform bequest wallets similar MetaMask.

It provides traders with a streamlined multi-chain hub that straight supports apical networks similar Bitcoin, Ethereum, Solana, BSC, and Base (with 60+ much chains coming successful the adjacent future). Some of the different perks of Best wallet include:

• Non-custodial cardinal absorption backed by Multi-Party Computation. You don’t person to interest astir protecting your concealed key, since it’s virtually unbreakable.
• Effortless cross-chain moves, disposable successful 1 dashboard – deliberation Ethereum staking done Lido and Rocket Pool integrations oregon low-cost cross-swaps crossed dozens of DEXes.
• A built-in filter to fell suspicious tokens, which adds an other information furniture erstwhile exploring decentralized projects.

Besides, the app’s WalletConnect compatibility allows you to link to different outer crypto platforms similar derivatives exchanges and different dApps.

With this, you tin leverage much precocious strategies and alteration seamless output farming crossed much ecosystems.

Best Wallet Token ($BEST) is the backbone of this ecosystem, engineered to reward loyal and aboriginal adopters.

By holding $BEST, you tin payment from reduced in-app transaction fees, aboriginal entree to vetted caller presales, and higher staking rewards successful the app’s upcoming staking aggregator.

Best Wallet’s upcoming tokens diagnostic is peculiarly charismatic to degens hunting for new meme coin presales and different early-stage opportunities.

With each projects vetted and astute declaration audits available, it’s easier than ever to find trusted projects and debar honeypots oregon different scams.

$BEST besides integrates trading incentives with governance, creating upside beyond speculation. By giving holders a nonstop relation and voting rights connected the app’s aboriginal direction, $BEST ensures its basal stays loyal and progressive arsenic the project’s roadmap progresses.

With accelerated presale traction and ambitions to seizure 40% wallet marketplace stock by 2026, $BEST offers plentifulness of country for growth.

Its fundraiser is inactive ongoing arsenic the dev squad is moving down the scenes to present much precocious features (like NFT support, a crypto debit card, and a staking aggregator coming successful signifier 3).

The $BEST token has already raised implicit $16M and continues to summation traction. The ICO has adjacent attracted respective whale buys of $70.2K, $50.9K, and $49.5K, further boosting assurance successful the token.

On apical of this, $BEST offers dynamic staking rewards (currently astatine astir 83% APY). If the reward complaint stays precocious successful the upcoming months, you could beryllium racking up astir $915 connected your $500 investment, without factoring successful token terms moves.

With momentum building, the adjacent terms summation drops successful nether 12 hours.

Visit the $BEST token presale to get up of the curve.

This is not fiscal advice. Please ever bash your ain probe earlier investing successful cryptocurrencies. 

Authored by Aaron Walker, NewsBTC — https://www.newsbtc.com/news/china-launches-first-stablecoin-adoption-spikes-best-wallet-gains/