Aracore Teiza Partnership Taps Institutional Stablecoin Settlement Between Korea Malaysia
Aracore, a US subsidiary of blockchain and AI company BPMG, has signed a memorandum of understanding (MOU) with Malaysian blockchain infrastructure company Teiza to explore an institutional stablecoin payment and settlement model connecting South Korea and Malaysia.
The agreement combines Aracore's Institutional Settlement Network (ISN) with Teiza's digital infrastructure and institutional network, which spans Southeast Asia, South Asia, and Central Asia. The focus is on identifying actual transaction demand before moving toward potential proof-of-concept work and pilot projects.
Aracore's ISN coordinates institutional settlement processes, while Teiza provides Malaysian infrastructure and network. The partnership targets banks, financial institutions, and fintechs, with stablecoins as the potential asset.
This move follows a similar Korea-Hong Kong model announced by Aracore in July 2026. Malaysia is already testing ringgit stablecoin settlement, with Bank Negara Malaysia's Digital Asset Innovation Hub onboarded three initiatives involving tokenized deposits and wholesale payment applications.