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South Korean company BDACS will issue the Korean won stablecoin KRW1 on Circle's Arc blockchain.
2025-10-29 04:02

Odaily Planet Daily reports that digital asset infrastructure company BDACS has announced plans to issue the Korean won stablecoin KRW1 on Circle's new blockchain, Arc.

To advance the project, BDACS has signed a memorandum of understanding with Circle and established a collaborative mechanism. Furthermore, BDACS completed the trademark registration for KRW1 in December 2023. (Yonhap News Agency)