Aptos said KRW1, described as the first Korean won-pegged stablecoin, will launch on its blockchain. The company said BDACS Korea will deploy the token for payments, remittances, and RWA (real-world asset) tokenization. Aptos added that this will be KRW1’s first expansion to a non-EVM (non-Ethereum Virtual Machine) chain, a step that broadens the stablecoin’s reach beyond Ethereum-compatible networks. Stablecoins are typically designed to maintain a fixed value against a reference asset, and their use in payments and remittances is aimed at enabling faster and more predictable digital transactions.