SOUTH KOREAN BLOCKCHAIN KLAYTN ONBOARDS GOLD RWA DEFI PLATFORM

Summary from the TLDR Crypto newsletter

The Klaytn Foundation has introduced a gold-pegged cryptocurrency, $GPC, and a supporting DeFi platform called Goldstation on its blockchain. Created by South Korea's digital transformation firm CREDER, $GPC is presented as the first gold token offered on DeFi outside Ethereum without percentage-based fees. The developers highlight that the low gas fees enable individuals to more practically make smaller investments in gold. Goldstation aims to start operations, including $GPC staking, on January 24, initially targeting South Korean clients.