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…
