
BDACS demos onchain KRW1-to-USDC swap via Circle's StableFX at KBW 2026
- —BDACS hosted a KBW 2026 side event with Circle, Kyobo Life and SBI Holdings
- —A testnet swap of KRW1 for USDC was shown using Circle's StableFX
- —Kyobo Life and Kyobo Securities outlined their onchain transition strategies
- —Startale presented its JPYSC issuance project via SBI's trust bank
Why it matters: The onchain KRW1-USDC swap demo signals that won stablecoin infrastructure is ready for institutional settlement once regulation catches up.
Source: Digital Today