Key takeout
- BDACS has launched KRW1, the first Korean winning Stablecoin on the Avalanche blockchain.
- KRW1 is fully supported by the South Korean winners’ sanctuary held at Wooli Bank.
South Korea’s BDACS has launched KRW1, the first Korean winning stub coin on the avalanche blockchain. The digital assets are fully secured with the South Korean victory held at Wooli Bank.
The launch will follow the successful proof of conceptual verification, then mark one of the first stub coins pinned to South Korea’s domestic currency, working on major blockchain networks.
