South Korea's first won-pegged stablecoin KRW1 launches on Avalanche https://t.co/IgGkvfCXPv ...

🚨JUST IN: SOUTH KOREAN CUSTODY PROVIDER, BDACS, UNVEILS THE FIRST STABLECOIN TIED TO THE KOREAN WON, KRW1, DEPLOYED ON @AVAX ...

South Korean crypto custody service provider BDACS has launched the first Korean won-backed stablecoin KRW1 on the Avalanche blockchain, following a successful proof of concept. The stablecoin is fully collateralized with Korean won deposits held at Woori Bank.https://t.co/mnkFcLQ9j2 ...

Avalanche is powering a new chapter in Korea’s digital economy. 🔺🇰🇷BDACS, together with Woori Bank, has launched KRW1, a fully collateralized, won-backed stablecoin. Currently in a pilot phase following a full PoC, KRW1 marks an important step toward regulated, bank-integrated digital money in Korea. ...