KRW1 stablecoin to enable direct Visa payments at 175 million global merchants
KRW1, the won-backed stablecoin issued by BDACS, is set to expand into real-world payments, following a new partnership with fintech platform Rain to enable transactions across Visa’s extensive network. This collaboration aims to link the KRW1 stablecoin directly with over 175 million Visa merchant locations worldwide, significantly broadening its practical use cases.