Won-pegged stablecoin KRW1 launches in South Korea on Avalanche

Posted On September 18, 2025

Stablecoin development in South Korea has advanced with the launch of KRW1, a won-pegged token issued on the Avalanche blockchain. Seoul-based digital asset firm BDACS announced the launch of KRW1 on September 17, a stablecoin fully backed by South Korean…