AVAX Surges as Avalanche Bolsters Stablecoin Payments in Korea and Japan

Avalanche’s native token, AVAX, soared over 10% on September 18, 2025, reaching $29.10, driven by the blockchain’s expansion of stablecoin payment systems in South Korea and Japan, two of Asia’s crypto powerhouses. The announcement, reported by Beincrypto and BTCC, highlights Avalanche’s push to integrate stablecoins like KRW1 in Korea and JPYC in Japan, enhancing transaction speed and affordability for merchants and consumers.

In Korea, Ava Labs partnered with WeBlock to launch KRW1, a Korean won-backed stablecoin, now in its pilot phase with Woori Bank, as per FXStreet. Japan’s approval of JPYC under its revised Payment Services Act marks a regulatory milestone, embedding AVAX into the country’s financial infrastructure, according to BanklessTimes. These moves have driven Avalanche’s network activity, with $12 billion in August DEX volume and $2.6 billion in stablecoin assets, up 70% from March 2024, per Cointelegraph.

The market reacted strongly, with AVAX’s open interest hitting a record $1.07 billion, signaling robust investor confidence, as noted by CoinStats. Analysts project AVAX could target $35–$42 if it breaks the $30 resistance, fueled by institutional adoption and ETF filings, according to Invezz and BitRss. Social media buzz on X, including posts from @swannycrypto, underscores the excitement around Korea’s stablecoin infrastructure on Avalanche.

By tapping into Asia’s crypto-hungry markets, Avalanche strengthens its position as a leading Layer-1 blockchain. The expansion is expected to boost transaction volumes and liquidity, positioning AVAX for sustained growth in 2025.