Payments in Korea may be entering a new chapter. BDACS has launched its KRW backed stablecoin.
In this case, KRW1 is tied to the Korean won, which helps users trust that one token will always equal one won. After a successful pilot, KRW1 is now ready for real-world use in payments, remittances, and business tools.
Why KRW1 on Polygon Matters
Polygon is a blockchain known for speed and low cost. It allows users to send digital assets in seconds and at a tiny fraction of the cost seen on older networks. By deploying KRW1 on Polygon, BDACS aims to give people in Korea a smoother way to move money digitally. Sending funds with KRW1 works like sending a message.
Payments just got easier across Korea. @BDACSKorea has launched the KRW1 stablecoin on Polygon, backed by the Korean won.
• faster txns
• lower fees
• easier money movement pic.twitter.com/pQjvEDNBTJ— Polygon | POL (@0xPolygon) December 4, 2025
A simple example can show the potential. Imagine a small business owner in Seoul who needs to pay a supplier in another city. Bank transfers can take time and sometimes come with extra fees. With KRW1 on Polygon, that payment can be completed almost instantly, recorded transparently, and verified by both sides without needing to wait for a bank to approve it. This supports smoother operations and gives smaller businesses more flexibility.
🫱🏼🫲🏼@BDACS x @0xPolygonEco – BDACS Expands KRW1 to the Polygon Ecosystem
We are excited to expand KRW1 to the Polygon ecosystem.
BDACS has deployed its KRW-backed, regulatory-first stablecoin KRW1 on the Polygon blockchain — following a successful PoC proving full end-to-end… pic.twitter.com/RNo9XkJuw6
— BDACS (@BDACSKorea) December 4, 2025
The launch also sets the stage for a broader expansion. BDACS plans for KRW1 to become multi-chain in the future, meaning the token will work across several blockchains. This will help increase interoperability, a term that means different networks can interact easily.
More About Polygon
Polygon highlighted that BBD University in Lucknow is becoming a model for digital transformation by placing marksheets, ID cards, degrees, and other student records on chain as instantly verifiable documents. The results are already clear, with verification mistakes cut in half, storage costs lowered, and fraudulent cases removed completely. Polygon added that entire cities are following the same path by moving citizen certificates such as birth records, building permits,
Polygon is for everyone, everywhere
🇮🇳 This week during @IBWofficial, we’re taking a look at Indian cities and institutions rebuilding infra on Polygon to make impactful transformations on everything from education to forensics to civilian documentation
Read on 🧵 pic.twitter.com/R2P7cXFcEi
— Polygon | POL (@0xPolygon) December 4, 2025
NOCs, and tax documents onto the blockchain. In places like Amravati, Solapur, and Kalyan Dombivali, people now receive verified documents in minutes rather than waiting months. These records also become tamper proof and easy to audit, giving governments and citizens stronger trust in the information they rely on every day.