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TechFlow, Sept. 18 — According to Cointelegraph, the Korean blockchain asset custody service company (BDACS) has launched KRW1, the first Korean won-backed stablecoin on the Avalanche network. The stablecoin is fully collateralized by South Korean won held at Woori Bank in Korea and has previously completed a successful proof-of-concept validation.
According to Cointelegraph, South Korea's Blockchain Digital Asset Custody Service (BDACS) has launched KRW1, the first Korean won-backed stablecoin on the Avalanche network. The stablecoin is fully collateralized by Korean won held at Woori Bank in South Korea and has previously completed a successful proof-of-concept validation.
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