Korean BDACS launches the first KRW-backed stablecoin KRW1 on Avalanche
Sep 18, 2025 09:39:52
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ChainCatcher news, according to Cointelegraph, South Korean crypto asset custodian BDACS has launched the first KRW-backed stablecoin KRW1 on the Avalanche blockchain after successfully passing the proof of concept. This stablecoin is fully collateralized by Korean won held at Woori Bank.
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