KRW1 (KRW1)

KRW1 (ticker: KRW1) is a revolutionary stablecoin backed by the South Korean won, developed by BDACS. It represents the first fully collateralized won-based stablecoin in the world, designed to align with national policies, regulatory compliance, and institutional trust. The issuance of KRW1 is supported by a reserve of ₩114,500,000, ensuring a 1:1 redemption rate for the won. This stablecoin operates with a strong focus on security, transparency, and regulatory readiness, paving the way for the future of digital currency in South Korea.

The KRW1 stablecoin, currently in the proof-of-concept phase, emphasizes full collateralization by being backed entirely by cash deposits held with top-tier banks in Korea. This structure provides users with peace of mind, as every KRW1 is redeemable for an equivalent amount in South Korean won. BDACS, as the issuing and managing entity, guarantees compliance with impending digital asset regulations and employs rigorous KYC/AML standards to uphold user trust and security throughout the operation of KRW1.

Additionally, KRW1 is designed with a multi-chain strategy, facilitating transactions across various high-performance blockchains, including Avalanche, Polygon, BNB, Arc, and Ethereum. This enables KRW1 to provide innovative financial solutions such as cross-border payments, tokenized assets, and automated treasury management. By bridging traditional finance with the digital economy, KRW1 is set to enhance liquidity, accessibility, and the overall user experience in the fast-evolving landscape of digital finance, ushering in a new era for South Korea’s financial infrastructure.