Korean BDACS to launch KRW stablecoin "KRW1" on Circle Arc blockchain
Jinse Finance reported that digital asset infrastructure company BDACS announced on the 29th that it plans to issue the Korean won stablecoin "KRW1" on the new blockchain "Arc" launched by global fintech company Circle. To advance this project, BDACS has signed a memorandum of understanding with Circle and established a collaborative cooperation mechanism. In addition, BDACS completed the trademark registration for "KRW1" in December 2023.
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