Digital asset custody firm BDACS said on Monday it has expanded its won-pegged stablecoin KRW1 to Plume, a blockchain network specialising in real-world assets (RWA). BDACS said the integration will allow developers, financial institutions and asset issuers to secure won-based payments and liquidity within the Plume ecosystem.
KRW1 is a stablecoin pegged 1:1 to the South Korean won (KRW). It is used within the Plume ecosystem as a means of won-based payments and liquidity. This will allow developers, institutional investors and asset issuers to manage won-denominated assets in a regulation-friendly on-chain RWA environment.
KRW1 was launched in September 2025. All issued tokens are fully collateralised by won assets deposited at major domestic commercial banks.
Teddy Pornprinya (테디 폰프리냐), co-founder and chief business officer of the Plume network, said, "KRW1 joining Plume strengthens Plume's scalability as global payments infrastructure and shows growing demand in the institution-led RWA market for stablecoins based on currencies other than the dollar." He added, "In particular, in the South Korean market, where RWA issuance is growing rapidly and the regulatory environment is being put in place, won liquidity will open up new possibilities for use."
BDACS Chief Executive Hong-yeol Ryu (류홍열) said, "We see it as meaningful that KRW1 has been added to the Plume network, which specialises in asset tokenisation and on-chain finance." He added, "KRW1 will expand its scope of use in the future as infrastructure connecting blockchain-based financial activities."