South Korea’s Bifrost Network has partnered with SBI Digital Finance to accelerate Bitcoin adoption in Japan’s financial sector. The collaboration will focus on developing Bitcoin-backed stablecoin BtcUSD and creating regulatory-compliant BTC management frameworks. Partnership Targets Bitcoin-Backed Financial Products Under the agreement, both companies will explore practical Bitcoin use cases for institutional clients. They will jointly develop BtcUSD applications and Bitcoin-integrated financial services
source: https://beincrypto.com/south-koreas-bifrost-partners-with-japans-sbi-to-drive-bitcoin-adoption/