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South Korea’s BDACS has officially launched KRW1, a digital currency tied to the value of the won. The stablecoin is issued on Avalanche and supported by funds securely held at Woori Bank.

Each wave of blockchain adoption has built on the one before, showing how a system designed for peer-to-peer payments can ...

Popular South Korean digital asset custodian BDACS has officially rolled out the first won-backed stablecoin on Avalanche.

BlackRock has already launched its tokenized U.S. Treasury fund, BUIDL, which places money market and short-term Treasury holdings onto public blockchains. The goal is to give institutions and ...

MoneyGram, the global remittance company, has officially launched what it calls a “next-generation” mobile app that runs on stablecoins and blockchain settlement rails. The product is debuting in ...

BDACS has launched KRW1 stablecoin, which is backed by the South Korean won, after completing a full proof of concept with Woori Bank. The firm has also developed issuance and management systems and a ...

BDACS launches KRW1, Korea’s first won-backed stablecoin, fully collateralized at Woori Bank and issued on Avalanche ...

BDACS today announced the official launch of KRW1, a South Korean won-backed stablecoin, alongside the successful completion of a full proof of concept (PoC) ...

Keeping up with blockchain technology news is more important than ever. This tech isn’t just about digital money anymore; it’s changing how businesses work and how we interact online. From making ...

Special Assistant to Prime Minister on Blockchain and Crypto (SAPM), Bilal Bin Saqib, represented Pakistan at the recent Bitcoin Asia Conference in Hong Kong, emphasising how Pakistan is carving out a ...