South Korea's BDACS will promote the issuance of South Korean won stablecoin "KRW1" on the Circle Arc blockchain

Crypto 7x24

2025-10-29 14:15:45

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According to online reports, digital asset infrastructure company BDACS announced on the 29th that it plans to issue the Korean won stablecoin "KRW1" on the new blockchain "Arc" of global financial technology company Circle. To advance the project, BDACS has signed a memorandum of understanding with Circle and established a collaborative cooperation mechanism. In addition, BDACS completed the Trademark Registering of "KRW1" in December 2023.

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