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 formally launched on September 17, 2025 in Hong Kong. BDACS additionally launched KRW1, a South Korean Won-pegged stablecoin, the next day.

Why do these strikes matter? Because the crypto race is heating up.

While America’s new federal stablecoin framework (the GENIUS Act in 2025) units strict issuance and transparency guidelines, nations like Hong Kong and South Korea are additionally accelerating regulatory frameworks to supervise stablecoin exercise.

Retail customers additionally stand to realize. Putting fiat on-chain allows near-instantaneous 24/7 cross-border settlement and brings sensible contracts into the combination. This not solely reduces correspondent-bank friction, however permits for programmable FX flows (like atomic swaps and different DeFi makes use of).

And with stablecoins redefining how cash strikes, light-weight crypto apps like Best Wallet present an accessible gateway to onboard extra individuals into the crypto world.

Powering the Best Wallet ecosystem, Best Wallet Token ($BEST) has already secured over $16M in its presale as an announcement to this market shift.

Currently in part 2 of its roadmap, this crypto venture bridges the hole between crypto and CeFi with easy onramping, multi-chain help, low-cost swaps, and extra options like derivatives buying and selling and a debit card in the pipeline.

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

Unlike conventional monetary programs, the blockchain by no means sleeps. With no enterprise hours or potential correspondent delays to tie it down, each people and companies buying and selling on-chain profit from a dependable, around-the-clock answer.

This additionally makes forex sooner and extra simply accessible, even for cross-border funds or transfers, giving individuals actual causes to make use of blockchain over legacy programs.

More importantly, being fiat-backed and overcollateralized, these stablecoins align with international regulatory expectations, elevating establishments and retail customers’ belief and confidence to embrace crypto.

Unlike conventional monetary programs, stablecoins additionally rely on oracle networks like Chainlink, which allow real-time, tamper-resistant information and automated, trustless sensible contracts for lending and DeFi buying and selling.

For newcomers nonetheless unsure about coming into the crypto panorama, stablecoins provide a well-known entry level, as they resemble fiat currencies and create a protected atmosphere for merchants to function with out considerations about volatility.

With that base, it turns into simpler to discover different digital property and DeFi functions. This is the place Best Wallet and Best Wallet Token ($BEST) additionally come in as beginner-friendly crypto instruments with constructing momentum behind them.

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

Best Wallet is likely one of the main scorching wallets constructed to outperform legacy wallets like MetaMask.

It offers merchants with a streamlined multi-chain hub that instantly helps prime networks like Bitcoin, Ethereum, Solana, BSC, and Base (with 60+ extra chains coming in the close to future). Some of the opposite perks of Best pockets embrace:

• Non-custodial key administration backed by Multi-Party Computation. You don’t have to fret about defending your secret key, because it’s nearly unbreakable.
• Effortless cross-chain strikes, accessible in one dashboard – assume Ethereum staking by way of Lido and Rocket Pool integrations or low-cost cross-swaps throughout dozens of DEXes.
• A built-in filter to cover suspicious tokens, which provides an additional safety layer when exploring decentralized initiatives.

Besides, the app’s WalletJoin compatibility means that you can connect with different exterior crypto platforms like derivatives exchanges and different dApps.

With this, you may leverage extra superior methods and allow seamless yield farming throughout extra ecosystems.

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

By holding $BEST, you may profit from decreased in-app transaction charges, early entry to vetted new presales, and greater staking rewards in the app’s upcoming staking aggregator.

Best Wallet’s upcoming tokens function is especially engaging to degens trying to find new meme coin presales and different early-stage alternatives.

With all initiatives vetted and sensible contract audits accessible, it’s simpler than ever to search out trusted initiatives and keep away from honeypots or different scams.

$BEST additionally integrates buying and selling incentives with governance, creating upside past hypothesis. By giving holders a direct function and voting rights on the app’s future path, $BEST ensures its base stays loyal and energetic as the venture’s roadmap progresses.

With fast presale traction and ambitions to seize 40% pockets market share by 2026, $BEST gives loads of room for progress.

Its fundraiser continues to be ongoing as the dev workforce is working behind the scenes to introduce extra superior options (like NFT help, a crypto debit card, and a staking aggregator coming in part 3).

The $BEST token has already raised over $16M and continues to realize traction. The ICO has even attracted a number of whale buys of $70.2K, $50.9K, and $49.5K, additional boosting confidence in the token.

$BEST is now buying and selling at $0.025675, which implies a $500 entry at present may be price round $685 by the tip of 2025 if our professional $BEST token price prediction holds.

Zooming out, the potential upside seems to be even higher beneath bullish situations. By 2026, $BEST may hit $0.0510, pushing your $500 stack to about $995 (a 2x transfer), and $0.07 by 2030, rising your funding to ~$1,360 (7x greater).

On prime of this, $BEST gives dynamic staking rewards (at present at roughly 83% APY). If the reward fee stays high in the upcoming months, you would be racking up round $915 on your $500 funding, with out factoring in token value strikes.

With momentum constructing, the following value enhance drops in beneath 12 hours.

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

This shouldn’t be monetary recommendation. Please all the time do your personal analysis earlier than investing in cryptocurrencies. 

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