
{"id":98485,"date":"2025-09-22T08:18:37","date_gmt":"2025-09-22T08:18:37","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=98485"},"modified":"2025-09-22T08:18:37","modified_gmt":"2025-09-22T08:18:37","slug":"axcnh-and-krw1-stablecoins-launch-in-asia-as-best-token-soars-past-16m-on-presale","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=98485","title":{"rendered":"AxCNH and KRW1 Stablecoins Launch in Asia as $BEST Token Soars Past $16M on Presale"},"content":{"rendered":"<p>The AxCNH, a Chinese Yuan-pegged stablecoin issued by AnchorX, was officially launched on September 17, 2025 in Hong Kong. BDACS also launched KRW1, a South Korean Won-pegged stablecoin, the following day.<\/p>\n<p><em>Why do these moves matter? Because the crypto race is heating up.<\/em><\/p>\n<p>While America\u2019s new federal stablecoin framework (<a href=\"https:\/\/www.globalcompliancenews.com\/2025\/07\/30\/https-insightplus-bakermckenzie-com-bm-technology-media-telecommunications_1-united-states-the-genius-act-a-new-federal-framework-for-stablecoin-issuers-custodians-and-banks_07252025\/\" target=\"_blank\" rel=\"noopener\">the GENIUS Act in 2025<\/a>) sets strict issuance and transparency rules, countries like Hong Kong and South Korea are also accelerating regulatory frameworks to oversee stablecoin activity.<\/p>\n<p>Retail users also stand to gain. Putting fiat on-chain enables near-instantaneous 24\/7 cross-border settlement and brings smart contracts into the mix. This not only reduces correspondent-bank friction, but allows for programmable FX flows (like atomic swaps and other DeFi uses).<\/p>\n<p>And with stablecoins redefining how money moves, lightweight crypto apps like <a href=\"https:\/\/newsbtc.care\/box_22cf4845e5dcc3eb2d5dd0b5cb0c8c9b?referrer=china-launches-first-stablecoin-crypto-adoption-spikes-as-best-wallet-gains-attention\" target=\"_blank\" rel=\"noopener\">Best Wallet<\/a> provide an accessible gateway to onboard more people into the crypto world.<\/p>\n<p>Powering the Best Wallet ecosystem, <a href=\"https:\/\/newsbtc.care\/box_4790f47512f67e8df21d5ddecf4fb31b?referrer=china-launches-first-stablecoin-crypto-adoption-spikes-as-best-wallet-gains-attention\" target=\"_blank\" rel=\"noopener\">Best Wallet Token ($BEST)<\/a> has already secured over $16M in its presale as a statement to this market shift.<\/p>\n<p>Currently in phase 2 of its roadmap, this crypto project bridges the gap between crypto and CeFi with effortless onramping, multi-chain support, low-cost swaps, and more features like derivatives trading and a debit card in the pipeline.<\/p>\n<h2>Stablecoin Market Heats Up: What AxCNH and KRW1 Mean for Global Crypto Growth<\/h2>\n<p>Unlike traditional financial systems, the blockchain never sleeps. With no business hours or potential correspondent delays to tie it down, both individuals and businesses trading on-chain benefit from a reliable, around-the-clock solution.<\/p>\n<p>This also makes currency faster and more easily accessible, even for cross-border payments or transfers, giving people real reasons to use blockchain over legacy systems.<\/p>\n<p>More importantly, being fiat-backed and overcollateralized, these stablecoins align with global regulatory expectations, raising institutions and retail users\u2019 trust and confidence to embrace crypto.<\/p>\n<p>Unlike traditional financial systems, stablecoins also rely on oracle networks like Chainlink, which enable real-time, tamper-resistant data and automated, trustless smart contracts for lending and DeFi trading.<\/p>\n<p>For newcomers still uncertain about entering the crypto landscape, stablecoins offer a familiar entry point, as they resemble fiat currencies and create a safe environment for traders to operate without concerns about volatility.<\/p>\n<p>With that base, it becomes easier to explore other digital assets and DeFi applications. This is where Best Wallet and <a href=\"https:\/\/newsbtc.care\/box_4790f47512f67e8df21d5ddecf4fb31b?referrer=china-launches-first-stablecoin-crypto-adoption-spikes-as-best-wallet-gains-attention\" target=\"_blank\" rel=\"noopener\">Best Wallet Token ($BEST)<\/a> also come in as beginner-friendly crypto tools with building momentum behind them.<\/p>\n<h2>Best Wallet Makes Crypto Easy While Its Native $BEST Token Raises $16M+ in Presale<\/h2>\n<p><a href=\"https:\/\/newsbtc.care\/box_22cf4845e5dcc3eb2d5dd0b5cb0c8c9b?referrer=china-launches-first-stablecoin-crypto-adoption-spikes-as-best-wallet-gains-attention\" target=\"_blank\" rel=\"noopener\">Best Wallet<\/a> is one of the leading hot wallets built to outperform legacy wallets like MetaMask.<\/p>\n<p>It provides traders with a streamlined multi-chain hub that directly supports top networks like Bitcoin, Ethereum, Solana, BSC, and Base (with 60+ more chains coming in the near future). Some of the other perks of Best wallet include:<\/p>\n<p>Non-custodial key management backed by <a href=\"https:\/\/www.fireblocks.com\/what-is-mpc\/\" target=\"_blank\" rel=\"noopener\">Multi-Party Computation<\/a>. You don\u2019t have to worry about protecting your secret key, since it\u2019s virtually unbreakable.<br \/>\nEffortless cross-chain moves, available in one dashboard \u2013 think Ethereum staking through Lido and Rocket Pool integrations or low-cost cross-swaps across dozens of DEXes.<br \/>\nA built-in filter to hide suspicious tokens, which adds an extra security layer when exploring decentralized projects.<\/p>\n<p>Besides, the app\u2019s WalletConnect compatibility allows you to connect to other external crypto platforms like derivatives exchanges and other dApps.<\/p>\n<p>With this, you can leverage more advanced strategies and enable seamless yield farming across more ecosystems.<\/p>\n<p><a href=\"https:\/\/newsbtc.care\/box_4790f47512f67e8df21d5ddecf4fb31b?referrer=china-launches-first-stablecoin-crypto-adoption-spikes-as-best-wallet-gains-attention\" target=\"_blank\" rel=\"noopener\">Best Wallet Token ($BEST)<\/a> is the backbone of this ecosystem, engineered to reward loyal and early adopters.<\/p>\n<p>By holding $BEST, you can benefit from reduced in-app transaction fees, early access to vetted new presales, and higher staking rewards in the app\u2019s upcoming staking aggregator.<\/p>\n\n<p>Best Wallet\u2019s upcoming tokens feature is particularly attractive to degens hunting for <a href=\"https:\/\/www.newsbtc.com\/new-meme-coins\/\" target=\"_blank\" rel=\"noopener\">new meme coin presales<\/a> and other early-stage opportunities.<\/p>\n<p>With all projects vetted and smart contract audits available, it\u2019s easier than ever to find trusted projects and avoid honeypots or other scams.<\/p>\n<p>$BEST also integrates trading incentives with governance, creating upside beyond speculation. By giving holders a direct role and voting rights on the app\u2019s future direction, $BEST ensures its base stays loyal and active as the project\u2019s roadmap progresses.<\/p>\n<p>With rapid presale traction and ambitions to capture 40% wallet market share by 2026, $BEST offers plenty of room for growth.<\/p>\n<p>Its fundraiser is still ongoing as the dev team is working behind the scenes to introduce more advanced features (like NFT support, a crypto debit card, and a staking aggregator coming in phase 3).<\/p>\n\n<p>The $BEST token has already raised over $16M and continues to gain traction. The ICO has even attracted several whale buys of <a href=\"https:\/\/etherscan.io\/tx\/0x979303ddc03a9e4b9a698ff35ca8c314c01c91dc37d52f8eaf19ef16db04f104\" target=\"_blank\" rel=\"noopener\">$70.2K<\/a>, <a href=\"https:\/\/etherscan.io\/tx\/0xa2120c065580ee4b2a0d89c00d170ee42dd6d5c9f13b7b922aaf5832de637441\" target=\"_blank\" rel=\"noopener\">$50.9K<\/a>, and <a href=\"https:\/\/etherscan.io\/tx\/0x2170db4e8c7c04eb9c1475a3206bf236c9d23cac2bd9af2e8375c9cdc18ff137\" target=\"_blank\" rel=\"noopener\">$49.5K<\/a>, further boosting confidence in the token.<\/p>\n<p>$BEST is now trading at $0.025675, which means a $500 entry today might be worth around $685 by the end of 2025 if our expert <a href=\"https:\/\/www.newsbtc.com\/best-wallet-token-price-prediction\/\" target=\"_blank\" rel=\"noopener\">$BEST token price prediction<\/a> holds.<\/p>\n<p>Zooming out, the potential upside looks even better under bullish conditions. By 2026, $BEST could hit $0.0510, pushing your $500 stack to about $995 (a 2x move), and $0.07 by 2030, growing your investment to ~$1,360 (7x higher).<\/p>\n<p>On top of this, $BEST offers dynamic staking rewards (currently at roughly 83% APY). If the reward rate stays high in the upcoming months, you could be racking up around $915 on your $500 investment, without factoring in token price moves.<\/p>\n<p>With momentum building, the next price increase drops in under 12 hours.<\/p>\n<p><a href=\"https:\/\/newsbtc.care\/box_4790f47512f67e8df21d5ddecf4fb31b?referrer=china-launches-first-stablecoin-crypto-adoption-spikes-as-best-wallet-gains-attention\" target=\"_blank\" rel=\"noopener\">Visit the $BEST token presale to get ahead of the curve.<\/a><\/p>\n<p>This is not financial advice. Please always do your own research before investing in cryptocurrencies.\u00a0<\/p>\n<p>Authored by Aaron Walker, NewsBTC \u2014 <a href=\"https:\/\/www.newsbtc.com\/news\/china-launches-first-stablecoin-adoption-spikes-best-wallet-gains\/\" target=\"_blank\" rel=\"noopener\"><strong>https:\/\/www.newsbtc.com\/news\/china-launches-first-stablecoin-adoption-spikes-best-wallet-gains\/<\/strong><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The AxCNH, a Chinese Yuan-pegged stablecoin issued by AnchorX, was officially launched on September 17, 2025 in Hong Kong. BDACS also launched KRW1, a South Korean Won-pegged stablecoin, the following day. Why do these moves matter? Because the crypto race is heating up. While America\u2019s new federal stablecoin framework (the GENIUS Act in 2025) sets [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":98486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-98485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/98485"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=98485"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/98485\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/98486"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=98485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=98485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=98485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}