The South Korean company BDACS will issue the Korean Won stablecoin KRW1 on Circle's Arc blockchain.

By: theblockbeats.news|2025/10/29 04:18:09

BlockBeats News, October 29, according to Yonhap News, digital asset infrastructure company BDACS 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 has completed the trademark registration for KRW1 in December 2023.

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