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BNB $744.97 -0.90%
XRP $1.40 -0.84%
SOL $105.10 -1.36%
TRX $0.3353 +0.11%
DOGE $0.0908 +1.40%
ADA $0.2219 +1.38%
BCH $260.43 +0.74%
LINK $13.18 +7.35%
HYPE $87.82 -1.48%
AAVE $133.15 -1.52%
SUI $0.8291 +4.03%
XLM $0.1923 +3.41%
ZEC $1,181.64 -0.34%

Korean BDACS launches the first KRW-backed stablecoin KRW1 on Avalanche

2025-09-18 09:39:52

ChainCatcher news, according to Cointelegraph, South Korean crypto asset custodian BDACS has launched the first KRW-backed stablecoin KRW1 on the Avalanche blockchain after successfully passing the proof of concept. This stablecoin is fully collateralized by Korean won held at Woori Bank.

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