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BDACS Launches KRW1, Korea’s First Won Stablecoin on Avalanche
BDACS Launches KRW1, Korea’s First Won Stablecoin on Avalanche
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BTCCSquare news:
South Korea enters the stablecoin arena with BDACS's launch of KRW1, the nation's first Korean won-pegged digital asset. The Avalanche-based stablecoin marks a strategic MOVE in Asia's rapidly evolving digital finance landscape.
This development signals growing institutional interest in blockchain-based financial instruments, particularly for regional currency representation. The won-backed stablecoin could accelerate crypto adoption in South Korea's tightly regulated market.
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