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TechFlow news, October 29 — According to Yonhap News Agency, South Korean digital asset infrastructure firm BDACS announced it will issue the Korean won-pegged stablecoin KRW1 on Circle's new blockchain Arc.
BDACS representative Ryu Hong-yeol said: "This collaboration marks a significant step for Korean innovation on the global stage. Deploying KRW1 on Circle Arc opens the door for South Korean enterprises to participate in the global stablecoin network."
According to Yonhap News Agency, South Korean digital asset infrastructure company BDACS announced it will issue the Korean won-pegged stablecoin KRW1 on Circle's new blockchain Arc. BDACS representative Ryu Hongyeol said: "This collaboration marks a significant step for Korean innovation on the global stage, opening the door for Korean enterprises to participate in the global stablecoin network through the deployment of KRW1 on Circle Arc."
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