southkoreastablecoin

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Entry Zone: 0.00300 – 0.00322,🔥📈

Bullish Above: 0.00330
TP1: 0.00350
TP2: 0.00385
TP3: 0.00430
SL: 0.00275

#Mag7Earnings #SouthKoreaStablecoin
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#SouthKoreaStablecoin
BDACS, a crypto custodian service provider in South Korea (RoK), announced the nationwide launch of KRW1, a stablecoin fully backed by the Korean Won and built on the Avalanche network.

According to an official statement on Thursday, September 18, 2025, BDACS explained that this launch is the result of a thorough Proof-of-Concept (PoC) test that demonstrated the technical feasibility of KRW1. Avalanche was chosen as the network for its reliability and security, which is already widely used in public sector applications.

Each KRW1 is 100% backed by Korean Won reserves held at Woori Bank, one of South Korea's largest banking institutions. BDACS emphasized that its real-time banking API integration with Woori Bank enables reserve transparency and instantly verifiable proof of ownership.