South Korea has witnessed a pivotal development in its cryptocurrency landscape with BDACS introducing the nation’s first won-backed stablecoin, KRW1, built on the Avalanche network. This stablecoin is anchored by won assets stored at Woori Bank in a 1:1 ratio, ensuring high security.
Continue Reading:South Korea Launches Innovative Stablecoin Initiative
Source: https://en.bitcoinhaber.net/south-korea-launches-innovative-stablecoin-initiative
