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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

Data: Hyperliquid platform whales currently hold $6.84 billions in positions, with a long-short ratio of 0.84.
