South Korea Launches First Won-Backed Stablecoin on Avalanche
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South Korea’s BDACS has rolled out KRW1, the nation’s first Korean won-backed stablecoin, built on the Avalanche blockchain. Fully collateralized with won deposits at Woori Bank, KRW1 offers a secure and transparent bridge between traditional finance and blockchain. Its launch, following a successful proof of concept, marks a key step in Korea’s digital finance evolution, enabling faster, stable, and on-chain transactions tied directly to the Korean won.
Binance Founder Changpeng Zhao North Korea’s $1.34B Crypto Theft Tactics
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Countdown to First Spot XRP ETF: Ripple Price Targets New All-Time Highs
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When Will Altcoin Season Start? FED Rate Cut Fuels Bitcoin, but Ethereum Still Lagging
The post When Will Altcoin Season Start? FED Rate Cut Fuels Bitcoin, but Ethereum Still Lagging appe...