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Korean BDACS launches the first KRW-backed stablecoin KRW1 on Avalanche

2025-09-18 09:39:52
Collection

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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BDACS KRW1 Avalanche
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