- The world's first regulated Korean won (KRW) stablecoin
The Stable Future
of the Won KRW1
The world’s first Korean won stablecoin, issued by BDACS - sovereign-
aligned, regulator-ready, fully backed, and built for institutional trust.
Live
PoC
Latest News & Updates
Stay informed about BDACS and KRW1’s milestones,
partner announcements, and industry developments.
KRW1 In Detail
KRW1 is a fully collateralized Korean won stablecoin, fully backed by cash reserves at a Tier 1 Korean bank and always redeemable at 1:1 for Korean won. Regulator-ready and aligned with Korea’s upcoming Digital Asset Framework Act, KRW1 is trusted, transparent, and institution-grade-bringing the stability of the Korean won into the digital future.
Important Disclaimer
KRW1 has entered commercial issuance and distribution, currently available only to select institutions that have cleared rigorous KYC/AML screening.
- Product Status
- Commercial launch of issuance and distribution
- Regulatory Compliance
- Compliance Ready for Digital Asset Framework Act of 2026
(and Related Rules & Regulations)
- Security & User Protection
- Robust Wallet-level KYC, AML, & Compliance Controls
- Underlying Assets
- Cash Deposits Held at Tier 1 Korean Commercial Bank
- Attestation
- Real-time, Daily, & Monthly Attestation
- Redemption
- 1:1 for Korean Won
- Issuer
- BDACS (Leading, Regulated Digital Asset Custodian)
- Issuer Domicile
- South Korea
- Interoperability
- Multichain Issuance on Public & Permissioned Ledgers
- Live
-
- PoC
-
Korean Won, Made Digital
Trusted, transparent, and custody-driven. Issued by BDACS, Korea’s regulated financial institution for digital assets
-
Fully Backed, Always Redeemable
KRW1 is 1:1 collateralized with Korean won held in segregated accounts at a Tier 1 commercial bank, ensuring full solvency and redeemable.
-
Regulatory First
Designed to be compliant-ready in lockstep with the upcoming Digital Asset Framework Act of 2026, KRW1 sets a new standard for compliant stablecoins.
-
Institutional-Grade Custody
Issued and managed by BDACS - Korea’s leading licensed digital asset custodian - leveraging audited, ISO 27001-certified, battle-tested infrastructure for maximum security.
-
Transparency, Verified
Planned monthly attestations, bi-annual independent audits, and a real-time reserve dashboard provide unparalleled visibility into KRW1 circulation and reserve balances.
-
Multi-Chain & Programmable
Deployed across leading blockchains and permissioned ledgers, with compliance modules embedded at the smart contract level.
-
Built for Global Utility
From cross-border payments and DeFi liquidity to corporate treasury management and K-Culture micropayments, KRW1 is designed to power the next era of Korean digital finance.
Use Cases for KRW1
From everyday spending to institutional finance, KRW1 brings the Korean won into the digital future.
-
Everyday Payments
Use KRW1 for faster, lower-cost digital payments - from coffee shops to online shopping.
-
Travel & Tourism
Pay seamlessly across borders in Asia-Pacific, avoiding expensive FX fees while still spending in a Korean-won- denominated token.
-
K-Culture & Entertainment
Power microtransactions for music, gaming, and live events, making small digital payments simple, secure, and instant.
-
Remittances
Send KRW1 abroad in seconds at a fraction of the cost of traditional wire transfers, while keeping value anchored to the Korean won.
-
Treasury Management & Settlement
Manage liquidity, pay suppliers, and settle transactions in real time with KRW1 fully integrated into enterprise systems.
-
Cross-Border Payments
Reduce currency risk and settlement costs in cross- border trade flows by transacting directly in KRW1 instead of USD-only rails.
-
Crypto Capital Market Access
Provide stable Korean-won trading pairs for exchanges, liquidity pools, and lending markets, unlocking new capital efficiency.
-
Asset Tokenization & Custody
Anchor tokenized bonds, securities, or real-world assets in KRW1 for issuance, settlement, and custody with full regulatory compliance.
Verified, Audited, Aligned
KRW1's circulating supply and reserves are independently verified by third parties, with attestation reports
published monthly. This demonstrates our regulatory compliance; full details are available on our
Transparency page.
Fiat Reserve Backing Ratio
0%
Funds
Issuance
Download the Whitepaper
KRW1 is setting the standard for sovereign-aligned, regulator-ready, and institution-first framework for the
Korean won stablecoin. While others are experimenting, KRW1 is ready and already setting the benchmark.
Apply for KRW1 Access
BDACS invites forward-looking innovators to join this landmark initiative
and co-develop the next layer of Korea’s digital financial infrastructure.
For direct inquiries
Contact Us
Institutional doors are open - connect with us for proof-of-concept collaborations that build Korea’s digital
finance rails and shape the future of the Korean won.
KRW1 is designed for institutions that demand stability, compliance, and transparency. Whether you are a
bank, asset manager, corporate treasury, fintech, or regulator, our team is ready to engage with you directly.
-
Institutional Inquiries for KRW1 (Proof-of-Concept)
For partnerships, custody services, and strategic collaborations
-
Regulatory & Compliance Engagement
For inquiries from regulators, supervisors, and auditors
-
Media & Press
For interviews, speaking opportunities, or press coverage
-
General Information