[Market Focus] InskoB Develops Stablecoin-Based Local Currency... 'Building Government Digital Budget Execution System'

InskoB's stock price showed strong gains near the end of the trading session. The rise appears to be driven by news that the company has begun developing a next-generation local currency based on a Korean won stablecoin in partnership with blockchain technology firm Parameta. The project will proceed under a joint development agreement and is described as a proactive investment that directly targets the government's digital transformation policy trends.

As of 3:06 p.m. on June 11, InskoB was trading at 1,792 won, up 197 won (12.35%) from the previous trading day.

The two companies stated that, through their collaboration, they aim to structurally replace the technical and administrative limitations of traditional paper gift certificates or point-based local currencies. Their goal is to establish an entirely new digital budget execution system using a 'stablecoin linked to the value of the Korean won.'

This project is fundamentally differentiated from existing local currency concepts in that it can function as a blockchain-based public infrastructure necessary for the digitalization of government budgets, going beyond a simple payment method. In particular, a stablecoin-based local currency offers outstanding performance in real-time settlement, usage tracking, and prevention of budget leakage, directly meeting the needs of governments and local authorities in terms of administrative efficiency.

Parameta, the technology partner, is a company that has inherited the core technology of the global blockchain project 'ICON (ICX).' After changing its name from ICONLOOP, Parameta has supplied various DID, smart contract, and authentication systems to public institutions and large enterprises.

The official service is under development with a target launch in the second half of 2025. InskoB plans to solidify its position as a leading company by being the first to commercialize a stablecoin-based platform in the local currency market.

An InskoB representative stated, "We are developing not just a simple local currency system, but a next-generation governance infrastructure that enables governments and local authorities to control and execute finances through digital assets," adding, "The companies that enter this market first will ultimately set the new rules."