BDACS Shatters Barriers: Launches KRW1, Korea’s First Won Stablecoin on Avalanche
Avalanche just got a whole lot more stable—and Korean.
BDACS drops KRW1, the nation's pioneering won-pegged stablecoin, directly onto the chain known for blistering speeds and sub-dollar transactions.
Why It Matters
South Korea's crypto scene runs deep, but cross-border payments? Not so much. KRW1 bridges TradFi and DeFi without the usual banking bottlenecks—or the FSA's red tape.
No more won-to-USDC-to-won juggling acts. Korean traders and DAOs can now transact in their native currency, 24/7, with finality in under two seconds.
Behind the Tech
Fully collateralized. Audited reserves. Built for compliance without sacrificing decentralization. It’s the kind of move that makes legacy finance sweat—and maybe even take notes.
Because let’s be real: nothing says 'financial innovation' like a stablecoin that actually stays stable while traditional banks still debate whether crypto is 'a phase.'
