Injective partners with BDACS to bring KRW1 stablecoin to its RWA ecosystem

Injective has signed a strategic partnership with BDACS, a South Korean digital asset custodian, to integrate KRW1 into its network. KRW1 is a stablecoin backed by the Korean won. The deal, announced on October 20, 2026, will enable KRW1 trading and settlement inside Injective’s real-world asset ecosystem. What the partnership actually does Under the partnership, KRW1 can be traded and used for settlement on Injective. The integration targets Injective’s real-world asset, or RWA, ecosystem. RWAs are traditional financial instruments represented as tokens on a blockchain. The aim is to link conventional fiat rails with blockchain infrastructure designed for institutional users. How KRW1 is backed KRW1 is fully backed by Korean won. That collateral sits in escrow at Woori Bank, with 100% of it held there. Verification happens in real time through banking APIs. Instead of waiting for a quarterly attestation, the reserve can be checked against live bank data. KRW1’s initial proof-of-concept wrapped up on September 18, 2025, and ran on the Avalanche network. That trial was conducted alongside Woori Bank. Since then, the token has spread across several blockchains, including Ethereum and...