BDACS enthüllt KRW1 Stablecoin mit Woori Bank PoC-Unterstützung – Ein Meilenstein für die digitale Währung

Stablecoins brechen endlich aus dem Schatten der traditionellen Banken aus – und Woori Bank steht an vorderster Front.

Die Proof-of-Concept-Partnerschaft zwischen BDACS und Woori Bank ebnet den Weg für einen KRW1-gebundenen Stablecoin, der nicht nur die Lücke zwischen Fiat und Krypto schließt, sondern auch regulatorische Hürden umgeht. Keine Überraschung, dass ausgerechnet eine Bank jetzt auf den Zug aufspringt – nach Jahren der Skepsis gegenüber Krypto.

Mit klarem Fokus auf Skalierbarkeit und Compliance setzt das Projekt neue Maßstäbe. Es nutzt die Infrastruktur von Woori Bank, um Stabilität und Liquidität zu gewährleisten, ohne auf die typischen Verzögerungen traditioneller Finanzsysteme angewiesen zu sein.

Für Anleger bedeutet das: Mehr Effizienz, weniger Mittelsmänner – und endlich eine stabile Brücke zwischen KRW und dezentralen Finanzen. Aber hey, wer hätte gedacht, dass ausgerechnet eine Bank die Revolution finanzieren würde?

BDACS develops issuance and management systems

🚀BDACS launch KRW1 — the first fully KRW-backed stablecoin on @Avalanche developed with Woori Bank.
📄Full press release:
👉English:https://t.co/Jcg90etVrE
👉Korean:https://t.co/WbuE2p45yi#Stablecoin #KRW1 #Blockchain #BDACS #Busan #Seoul #Woori #AVAX pic.twitter.com/o4bPPd8p1E

BDACS said it anticipated the central role of stablecoins in the digital asset economy and started building the necessary infrastructure well before formal regulations were in place. The Korean firm stated that its Go-to-Market strategy has positioned it as a first mover in the region’s evolving digital asset market.

According to the report, the initiative extends beyond token issuance. The digital asset custody service firm has developed a comprehensive framework, including issuance and management systems. BDACS has also developed an app that supports peer-to-peer transfers and transaction verification. 

Each KRW1 token will be fully collateralized with South Korean won held in escrow at Woori Bank, the company’s strategic partner. BDACS believes that real-time banking API integration will ensure transparent, verifiable proof of reserves and reinforce trust and accountability within its network. The report revealed that Woori Bank also participated in the POC.

BDACS acknowledged that it aims to position KRW1 as a universal-user stablecoin for remittances, payments, investments, and deposits. The Korean firm is also preparing to deploy KRW1 in public-sector applications, including low-cost payment and settlement systems for emergency relief disbursements to reduce transaction fees.

BDACS also plans to advance its partnerships across financial and technology sectors, and expects KRW1 to become the leading technical standard for stablecoins under Korea’s forthcoming Digital Asset Basic Act. The company said it remains open to diverse business models, such as licensing technology and pursuing co-development initiatives. The firm is also exploring potential collaborations with global stablecoin networks. 

BDACS issues KRW1 on Avalanche

BDACS revealed that KRW1 was initially issued on the Avalanche blockchain which the Korea Internet & Security Agency (KISA) cited for its reliability and security in public-sector use. BDACS has also made Avalanche one of its global partners in its push for scalable and institutional-grade blockchain infrastructure.

“The successful test pilot of KRW1 demonstrates the need for a highly-performant and reliable blockchain tailored for a regulatory-compliant stablecoin. The Avalanche technology and its growing ecosystem of real-world assets will support BDACS and Woori Bank to deliver a trusted, innovative solution for Korea’s digital economy.”

-Justin Kim, Head of Asia at Ava Labs.

The blockchain noted that Avalanche connects with banks, users and institutions to enable the custody company to shape the future of Korea’s digital economy with the stablecoin launch. It added that the blockchain provides the performance, security, and scale to bring KRW1 to life.

CEO Harry Ryoo argued that BDACS is not just a custody service provider. He said it’s building the backbone of the digital asset market, serving corporate, institutional, and public-sector partners alike. According to Ryoo, KRW1 marks a turning point for the company, and he believes the stablecoin will become a foundational asset for the digital economy.