Press Release
“Algorithm + Credit” Rebuild the Value Foundation of DeFi

DeFi still has higher attention, with rapid technological innovation and continuous expansion of application scope, The goal of DeFi is undoubtedly to build a more effective, free, and transparent financial ecology. However, finance always develops with money and brings value exchange. Therefore, whether it is a decentralized scenario or a mass application toward reality in the future, stable cryptocurrency is crucial for users, so as to realize the dream of making virtual ideas become reality.
For this reason, in the field of cryptocurrency, many teams have been exploring stable currency. According to CryptoQuant data, stabilecoin holdings on global crypto exchanges hit a high record of $9.8 billion as of March 28, 2021. At the same time, the total stable currency market capitalization once topped $80 billion, according to CoinGecko, the current daily trading volume of all stable currencies is about $118.340 billion. Also, CoinMarketCap shows there are 16 mainstream stable currencies now.
The stable currency is illusory?
In general, both USDT and DAI are still on their way and haven’t really achieved the goal of “stable currency”. Tether’s White Paper said: “Tether is a decentralized cryptocurrency, but we are not a perfectly decentralized company. We store all of our assets as a centralized pledge.” Therefore, USDT is just borrowing the name of the cryptocurrency, but it is not really decentralized.
DAI, developed by MakerDao, is the largest decentralized stable currency on Ethereum. It is issued with the guarantee of the full amount of assets on the blockchain. It is only generated in the application scenario based on the mortgage, and the market value of the mortgage assets is the ceiling of it. Therefore, these stable currencies are illusory in a sense.
Will algorithmic stable currencies finally fail?
Now let’s take a look at the development process of algorithmic stable currencies, known as the holy grail of cryptocurrency. From stable currency1.0 represented by AMPL, stable currency2.0 represented by Basis Cash to stable currency 3.0: Frax Finance, all of them have gone through a period of growth. However, the stable currency reality is that we live under the sense of “ever-changing”, and stable value is still in the ideal.
AMPL algorithmic stable currency is used to increase or decrease the supply of AMPL in order to keep the price of AMPL around $ 1. Ampleforth uses Rebase operation to change the AMPL held by all users as a whole. The Rebase price is based on the average price of the past 24 hours. When this price is above $1.05, the AMPL balance in all users’ wallets increases simultaneously. At prices below $0.95, all users’ AMPL balances decrease simultaneously. During this process, the percentage of AMPL held by users in the supply does not change. It looks like everything is fine on its own, but when the price of cryptos falls to the point where deflation is needed, both the quantity and price of coins held by users are falling, so users face a double whammy.
So it’s easy to create a death spiral. Similarly, when crypto price rises, it is easy to create an upward death spiral. Thus it can be seen that this price model only has two possibilities: the price continues to fall, get into the infinite death circle and leave the market, and the price rises steadily to around 1USDT; Prices rising, the AMPL has been printing (dividend), AMPL reserve disappeared, crypto began to value return, people in loss cannot gain AMPL, prices will fall back near 1 USDT (need funds continue getting into the market), so it is difficult to see AMPL achieve speculation, meanwhile achieve stability, And stability is a necessary condition for a stable currency.
Basis Cash, as represented by 2.0, includes three tokens, Basis Cash (BAC), Basis Share (BAS), and Basis Bond (BAB), among which BAB is non-transferable. The BAC is the stable currency, anchored to $1; BAS is an equity token, and newly-minted BAC tokens can be allocated. BAB is a bond. There is nothing wrong with Basis Cash based on the algorithm itself, but without a good application scenario, relying on the debt market itself is dangerous. There is actually a problem with debt financing in traditional markets, where those “too big to fail” entities can take on the risk of impunity through socialized bailout costs. It is entirely possible that Basis Cash could go into a debt spiral, in which case there would be no willing contributors, the debt would accumulate and the protocol would collapse.
Finance FX is the first partial algorithmic stable currency project, adding the concept of using “partially stable” as a collateral asset to the existing algorithmic stable currency. There are two types of tokens in Frax, the stabilization token Frax, and the governance token FXS. Frax costs USDC and FXS, but only USDC during creation. The initial mortgage rate is 100%, that is, all USDC mortgage is used to cast FRAX. After that, the mortgage rate will be adjusted every hour. If the price of FRAX is more than $1, the mortgage rate will be reduced and FXS ‘share in it will be increased. Raise the mortgage rate if the Frax falls below $1. The mortgage rate is adjusted every hour by 0.25% each time. But its high mortgage ratio leads to the lack of user appeal, its currency numbers and market supply have been stagnant.
Although the above three generations of stable currencies seem to be making breakthroughs and innovations, they do not give a satisfactory answer on how to solve the credit problem. However, algorithm stable currency that cannot solve the credit problem is useless. Bitcoin came into being to solve the problem of credit, but the stable currency, as an important extension of its development, has not inherited the legacy of credit, and is still stuck in the algorithm.

Crypto Credit Network (CCN)
In the financial field, credit is the foundation and the lifeblood. This is true of both traditional and modern financial systems. In the traditional financial system, credit mainly relies on the guarantee of laws and institutions. Apart from the high operation cost, the “credit crisis” gradually exposed by financial intermediaries is the fundamental reason why people urgently embrace the blockchain technology. Algorithm stable currency is going to help cryptos solve the credit problems, guaranteeing machine credit by algorithm, which does not rely on third-party subjective will and makes transaction transparent, efficient, reliable, and stable, let people who do not have to establish credit relationship between each other to achieve cooperation and free trading, reduce the cost of credit.

However, the world of blockchain cryptocurrency is a chaotic existence without a role name. To change from chaos to brightness, each individual needs to have his or her own identity, so that we can obtain the faith like phoenix nirvana. The CCN gives each individual a unique CID (Crypto Identification), which is the most basic rule in the Crypto world. To build a new crypto world of order, autonomy, and equality.
The construction of CCN not only takes blockchain technology as support, but also has a reasonable economic incentive mechanism. Reasonable use of incentive mechanism is an effective means to stimulate all parties to participate in the construction of CCN.
A sound incentive mechanism, reasonable mechanism design from the perspective of leading efficiency and fair governance, can make the value generated by credit information flow effectively to the value provider in the blockchain world, punish the evil behavior, and resolve the conflict between individual interests and collective interests. It makes the individual’s behavior of pursuing individual interests unified with the goal of maximizing collective value.
Therefore, CCN can further clarify the economic interests of each participant and the overall interests of the network, so as to fully mobilize the enthusiasm of each participant and guarantee great development of CCN from the source.
The CCN consists of three different identities: Creator, Guardian, and Angel, all of them have established screening mechanisms. Only firm believers can obtain the CCN identity. Early believers are required to contribute to maintaining the stability of early CCN by burning GAC tokens. Therefore, they are not only holders of GaeaCoin, but also determined preachers and builders. When GaeaCoin issues additional shares, it will also receive a corresponding percentage of GAC tokens as a reward.
The establishment of this system aims to provide every GaeaCoin participant with the opportunity to contribute to the community construction, and to create a healthy crypto community culture of dedication and autonomy through consensus, symbiosis, co-construction, and sharing.
In CCN, although the identity is different, the residents on the chain of CCN build the initial transaction link according to their CID address, and constantly expand CCN on the chain. Open CID needs to be recommended by the network resident, once the link is formed, it cannot be changed forever. Each of the three different identities requires a different number of GAC tokens to burn, which can be viewed on the GaeaCoin network. GaeaCoin network residents have different rights according to their status.
The integration with the DEX: OxySwap has pioneered a full range of applications
There is a natural interdependence between exchange and stable currency. The exchange has always been an important part of crypto digital asset market, and it is also the first application place of stable currency. Like Binance with BUSD and Huobi with HUSD, OKEx also launched USDK on June 3, 2019. Traditional CEXs are fiat currencies, where fiat currencies are exchanged for cryptos. If you want to buy crypto digital assets, you need to top up fiat currency, which undoubtedly increases the economic and time costs of investors in the process of exchange. The emergence of a stable currency can not only solve the above problems but also effectively avoid legal risks in the process of the transaction.
As it should be, the integration of GaeaCoin ecology and OxySwap not only lay a solid foundation for stable currency: GAC token application, but also creates opportunities for it to open up more and wider application scenarios.
OxySwap is a decentralized exchange running on the BSC with a collection of DEX liquidity mining, which offers functions of exchange, liquidity, market making, and so on. The strength of OxySwap guarantees the usages of the stable currency: GAC.
GAC will lead a brighter way
GaeaCoin algorithm stable currency: GAC dares to face the challenge, according to the industry news, GAC praises is not only relatively stable from the concept, but also to really put into application. In addition to GAC (GaeaCoin), GaeaCoin ecology also includes GAB (GaeaCoin Bond) and GASH (GaeaCoin Share), which serve to maintain the stability of GAC. GaeaCoin Ecology also integrates GaeaCoin protocol, algorithm, robustness, price response, encryption, and other technologies, superposed with the DeFi ecology of Crypto Credit Network (CCN), OxySwap (DEX), and so on, providing a realistic solution for GAC, and leads it to move towards the real “stability”.
The integration of CCN and OxySwap points out the direction for the application of algorithmic stable currency. In fact, we can already feel the power of the GaeaCoin algorithm stable currency, and once it is used at a large scale, the ideal stable currency is expected to arrive ahead of time. DeFi will also build on this basis, using currency, lending, spot trading, and other components to build continuously upgraded Lego of DeFi.
GaeaCoin’s move directly challenges the world’s centralized stable currency giants such as USDT and USDC, but compared to the previous challenges of AMPL, BAC, and FRAX, this well-prepared challenge looks more anticipated!
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Injective Collaborates with BDACS to Bring Korea’s First Won-Backed Stablecoin to Onchain RWAs
Seoul, South Korea, October 20th, 2026, FinanceWire
Today, Injective is proud to announce that it has partnered with BDACS, the issuer of KRW1, Korea’s first stablecoin fully backed by the Korean won. Under a memorandum of understanding (MOU) signed by both companies, the two teams will work together to establish KRW1 as the first won-denominated settlement asset for real-world assets (RWAs) and tokenization use cases within the Injective ecosystem.
The cooperation brings together a fully reserved won stablecoin and a blockchain purpose-built for finance, with a focus on institution-ready use cases for won-denominated onchain markets.
A Won-Denominated Settlement Layer for Onchain Finance
Stablecoins have become the settlement layer of onchain finance. Total supply across onchain markets reached a record $322 billion in May 2026, and Citi projects $1.9 trillion by 2030 in its base case.
Nearly all of that supply is denominated in dollars. In Korea, that gap shows up as capital leaving the country. Korea’s five major exchanges have posted 18 straight months of net stablecoin outflows to offshore platforms since January 2025. The total is about 14.9 trillion won, or roughly $10.4 billion. Korean investors want onchain markets, and many would prefer to access them in won.
Korea is one of the most active digital asset markets in the world, yet tokenized assets in Korea have largely lacked one key piece. They have had no way to settle onchain in Korean won. Without a KRW settlement asset, tokenized products are typically priced and settled in USD stablecoins, which adds FX exposure for Korean institutions and investors.
KRW1 was designed to fill that gap. Issued by BDACS, KRW1 is fully backed 1:1 by the Korean won. Minting and redemption will be available to approved institutional partners, subject to regulatory approval.
The timing matches Korea’s policy direction. The government aims to finalize the Digital Asset Basic Act, the legal framework for won stablecoin issuance, by the end of 2026. The Bank of Korea has pushed for banks to anchor that market.
Collaboration Overview
Bringing KRW1 to Injective opens the door to won-denominated finance onchain.
- A native Korean won onchain. KRW1 joins the Injective ecosystem, giving builders and institutions a fully reserved won stablecoin alongside Injective’s native dollar-denominated USDC stablecoin issued alongside Circle.
- KRW markets for tokenized assets. Tokenized RWAs on Injective will be able to trade and settle directly in Korean won, without routing through USD.
- A path onchain for Korean institutions. BDACS and Injective will work with Korean financial institutions to bring their assets onchain, settled in KRW1.
- Compliance built into every asset. Assets issued through Injective Mint carry holder, jurisdictional, and transfer controls at the protocol level, so won-settled markets can be configured around each issuer’s requirements.
- Growing Korea’s onchain economy. Joint initiatives will expand KRW1 adoption across the Injective ecosystem and the Korean community.
“Bringing a Korean won settlement layer onchain is an important step for tokenized finance in Korea,” said Eric Chen, Co-founder of Injective. “Together with BDACS, we are building the foundation for Korean won markets onchain, from tokenized RWAs to institutional settlement.”
Injective’s Infrastructure for Tokenized Finance
Injective is purpose-built for finance, with native infrastructure for trading, tokenization, and stablecoins. More than $7.5 billion in RWA volume has been processed on Injective, and more than $1 billion in tokenized assets have been issued on the network.
Korea’s largest companies are already building on it. In July 2026, POSCO International, South Korea’s largest trading company, and LG CNS, the technology arm of LG Group, selected Injective to issue, transfer, administer, and settle live trade receivables generated by international commerce. Four Pillars, the Korean research and infrastructure firm, operates an institutional validator on the network.
Recent milestones include Injective Institutional Services becoming an SEC-registered transfer agent and Pineapple Financial tokenizing more than $1 billion in mortgage records onchain. Injective’s native USDC stablecoin issued by Circle is now set to be the canonical stablecoin standard for more than 20 blockchains including Cosmos and dYdX, cementing Injective’s position at the center of onchain stablecoins.
“Without onchain won infrastructure, demand in tokenized markets will remain anchored to dollar stablecoins,” said Harry Ryoo, CEO of BDACS. “Through our partnership with Injective, we will explore how KRW1 can serve as a won settlement asset for tokenized markets, and we will expand our collaboration step by step as Korea’s regulatory framework develops.”
This makes Injective a natural environment to test how a won stablecoin can support compliant tokenized asset markets, from issuance through secondary trading.
Next Steps for KRW1 Integration
This initiative marks the first step towards bringing native Korean won markets on Injective, with more to come as Korean institutions bring their assets onchain. This will directly be implemented across Injective’s wide array of onchain markets with further updates expected as specific use cases go live.
About BDACS
BDACS is a leading digital asset infrastructure company providing a Prime Custody Solution for corporate and institutional clients. In the first half of 2026, BDACS surpassed 80 billion KRW in assets under custody, making it Korea’s largest digital asset custodian. A registered virtual asset service provider (VASP) with the Korea Financial Intelligence Unit, BDACS holds SOC 1, ISO 27001 and ISMS certifications. BDACS issued the world’s first Korean won stablecoin, KRW1. BDACS also maintains strategic partnerships with leading financial and Web3 companies.
About Injective
Injective is the first blockchain purpose-built for finance, enabling users, institutions, and AI agents to trade, tokenize, and transact at scale. Proudly made in America, Injective provides foundational blockchain infrastructure for global markets, with embedded financial primitives spanning stablecoins, real-world assets, payments, and programmable perpetuals through a unified onchain engine. Injective is used by Fortune 500 companies, banks, fintechs, and governments to power an open economy where any asset can be accessed anytime, from anywhere. Builders can deploy across multiple virtual machines like WASM and EVM, connect to native financial modules, and launch markets with deep liquidity from day one. INJ is the native token powering the rapidly growing Injective ecosystem and the new internet economy.
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Contact
Sarah Cohen
SJC PR
sarah@sjc-pr.com
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
AI Shopping Assistant Institute Recognizes Saparo in 2026 AI Shopping Agent Awards
The 2026 AI Shopping Agent Awards scored eight AI shopping tools on checkout savings, and Saparo received 390 of 400 points across four published criteria.
United States, 20th Oct 2026, Grand Newswire – SAN FRANCISCO, October 14, 2026 — The AI Shopping Assistant Institute (bestaishoppingassistant.com) today announced the results of its 2026 Best AI Shopping Agent Awards and recognized Saparo (saparo.ai) with the 2026 award. The ranking reviewed the public documentation of eight AI shopping tools. It scored each tool on how well it helps a shopper pay the lowest honest price for a product they have already chosen, while keeping the shopper in control of the payment. All scores and the full rubric are published at bestaishoppingagent.com.

Disclosure
The AI Shopping Assistant Institute and the Best AI Shopping Agent Awards are operated by the clawbot.ai editorial team. Saparo is not owned or operated by the Institute or by clawbot.ai. Every score is published with its documentation sources so readers can check the results themselves.
How the Tools Were Scored
The editorial panel reviewed each tool’s public documentation. Tools were scored from 0 to 100 on four dimensions: Savings Depth, Price Transparency, Checkout Control and Retailer Reach. Each total is the unweighted sum of the four, built from twenty documentation checks.
How Saparo Compared With the Field
Saparo scored 100 on Savings Depth, 100 on Price Transparency, 100 on Checkout Control and 90 on Retailer Reach, for a total of 390.
Why Saparo Scored 390 of 400
Saparo was the only tool in the field whose documentation met all four criteria:
- Savings Depth: It compares promo codes, cashback, card rewards and gift-card discounts in a single view, rather than handling only one type of saving.
- Price Transparency: It shows every line of the final price, including shipping and tax, before the shopper commits.
- Checkout Control: It hands account, CAPTCHA and payment steps back to the shopper, and card numbers are entered on the merchant’s own checkout page.
- Retailer Reach: It compares the same product across several retailers.
According to Saparo’s documentation, the agent tests promo codes, compares cashback and card rewards, and weighs gift-card routes. It then presents the result as one readable checkout plan. The shopper reviews each discount line and approves the payment personally.
“Checkout savings come from several places at once: codes, cashback, card rewards and gift cards,” said Michael of the AI Shopping Assistant Institute’s editorial panel. “We scored tools on whether they put those side by side, show the full final price and leave the payment decision with the shopper. Saparo met all four criteria, and that is reflected in its score of 390.”
What the Ranking Covers
The ranking is an editorial assessment of each tool’s publicly documented capabilities, scored against a published rubric. It evaluates checkout savings specifically. It does not rate product discovery and does not guarantee the price of any individual order.
About the AI Shopping Assistant Institute
The AI Shopping Assistant Institute publishes standards, research and annual awards on AI-assisted online shopping. Launched in 2026, it maintains a five-level standard for AI shopping autonomy, an annual report, a glossary and a checkout savings calculator. Website: https://bestaishoppingassistant.com/
About the Best AI Shopping Agent Awards
The Best AI Shopping Agent Awards is an annual ranking of AI shopping agents. It applies the AI Shopping Assistant Institute’s scoring method and publishes every score. Website: https://bestaishoppingagent.com/
About Saparo
Saparo is an AI shopping agent that turns a shopping task into a clear checkout plan. It compares coupons, cashback, card rewards, gift-card savings and retailer prices before the shopper pays. Saparo is available as a Chrome extension and is currently in Beta. Saparo charges no subscription and no success fees, and no card is required to get started. Website: https://saparo.ai/
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Organization: clawbot ai
Contact
Person: Michael
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https://clawbot.ai/
Email:
contact@clawbot.ai
Country:United States
The post AI Shopping Assistant Institute Recognizes Saparo in 2026 AI Shopping Agent Awards
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Press Release
Humane HR Magazine Issue 2 – October 2026 Edition Now Live as Humane HR Awards 2027 Nominations Open
Woodside, South Australia, Australia, 20th Oct 2026, Grand Newswire –
Humane HR magazine Issue 2 – October 2026 Edition is now live, featuring interviews and expert contributions on human resources, workplace practices and leadership.

The issue of the HR for Humans at Work publication examines approaches to workplace management, employee development, recognition, performance, wellbeing and organisational change. Contributors discuss practices such as outcome-based performance measurement, flexible work arrangements, employee-led learning, peer recognition, mentorship and the integration of artificial intelligence into professional development.
The edition’s expert roundups also bring together perspectives on the factors that influence employee engagement, accountability and workplace experiences. Contributors address how trust, communication, autonomy and defined expectations inform management practices and team performance.
The issue also features the Humane HR Awards 2025 recipients, whose work covers areas including neuro-inclusive leadership, workplace safety, human–technology integration, emotional intelligence, employee wellbeing and organisational transformation.
Through interviews and expert responses, the October edition considers how human resources practitioners and organisational leaders can account for employee needs while addressing business objectives. The contributions examine the role of leadership decisions, workplace systems and development opportunities in shaping how people participate and contribute at work.
Issue 2 continues the magazine’s coverage of human resources through perspectives from professionals working across different roles and sectors.
The October 2026 edition is available via major retailers including Amazon. More details can be found via the Humane HR Magazine page at the website of HR for Humans at Work.

Alongside the magazine’s release, HR for Humans at Work has announced the opening of nominations for the Humane HR Awards 2027. The awards provide an opportunity to recognise individuals and organisations whose work contributes to human resources, workplace practices and leadership. Interested individuals and organisations can consult the HR for Humans at Work website for nomination details and further information about the awards.
About HR for Humans at Work
HR for Humans at Work covers human resources, workplace practices and leadership through interviews, articles and professional perspectives. Its content examines how organisations approach people management, employee development, workplace relationships and organisational responsibilities.
About Humane HR Magazine
Humane HR Magazine is a publication focused on human resources, workplace leadership and the relationship between organisational practices and the people affected by them. Through interviews and expert contributions, the magazine covers topics including employee engagement, workplace wellbeing, professional development, inclusion, technology and organisational change.
About Humane HR Awards
The Humane HR Awards programme is hosted by HR for Humans at Work to recognise individuals, initiatives, companies and organisations contributing to more human-centred workplaces. The global awards recognise achievements across human resources and related fields, with consideration given to areas such as employee wellbeing, inclusion, leadership, professional development, workplace safety, innovation and organisational effectiveness. Through its recognition programme, the Humane HR Awards seeks to highlight practices that balance organisational objectives with the dignity, growth and wellbeing of people at work.
For more information and nomination details, visit https://hrforhumansatwork.com/humane-hr-awards/.
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The post Humane HR Magazine Issue 2 – October 2026 Edition Now Live as Humane HR Awards 2027 Nominations Open
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