Wavebridge has become Korea's first institutional partner to join Paxos' global US dollar network (GDN), establishing a direct connection between the Korean institutional market and the global USD-backed stablecoin infrastructure. This partnership enables Wavebridge to launch Korea's first USDG institutional custody service, offering rewards to users holding this stablecoin, with plans to introduce USDG minting and redemption services later this year. As Korea advances stablecoin legislation, this move positions Wavebridge as a key bridge for interoperability between Korea's emerging Korean won stablecoin ecosystem and the global US dollar system.

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