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by: xpoolPosted on: October 29, 2025

South Korea Launches KRW1 Stablecoin: A New Chapter in Digital Finance

South Korea’s foray into the digital asset landscape has taken a significant turn with the launch of KRW1, a stablecoin backed 1:1 by the Korean won. This groundbreaking initiative is spearheaded by BDACS, a subsidiary of Shinhan Bank and Circle, the global fintech firm behind USD Coin (USDC). The collaboration promises to reshape the country’s financial ecosystem.

Related posts:

  1. South Korea Unveils Plan to Launch Won-Pegged Stablecoin
  2. Kaia Chair Criticizes Bank-Led Stablecoin Rollout in South Korea
  3. Won Stablecoin: South Korea’s Central Bank Raises Concerns About Capital Flight
  4. KRWQ: First Multi-Blockchain Stablecoin Pegged to South Korean Won
KRW1 South Korea Stablecoins

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