Chainlink has formed a strategic partnership with LG CNS, the technology division of LG Group, to develop infrastructure for South Korea's digital asset market, focusing on expanding the use and distribution of Korean stablecoins. LG CNS plans to integrate Chainlink's oracle technology to enhance secure connectivity across blockchain networks and institutional systems, aiming to support tokenized securities and stablecoins. The Korean digital asset market is significant, valued at $68 billion, and LG CNS is a major player involved in the Bank of Korea's digital currency project. While no specific won-pegged stablecoin or launch date has been announced, this partnership could pave the way for broader adoption of tokenized assets in Korea, with potential revenue flowing into Chainlink's LINK tokens if enterprise adoption occurs.
Following Chainlink's new partnership with LG CNS to support South Korea's digital asset infrastructure, LINK tokens are trading at Rp220.000 on Pluang as of Oct 23, 2026 15:22 WIB. The token has seen a modest 0.92% increase in the past day, with a market cap of Rp165,19 trillion and a 24-hour trading volume of Rp4,23 trillion. Pluang users show strong buying interest, with 96% of order activity on the platform being buys and an average hold time of 63 days.
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Chainlink announced over $15 billion in token value migrated to its Cross-Chain Interoperability Protocol (CCIP) in 2026, with institutional partners like BitGo and Wyoming's Stable Token Commission contributing significantly. Despite this growth and...
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