KOSCOM Files Stablecoin Trademarks as Korea Launches First Won-Backed Token

Highlights:

• KOSCOM has filed five stablecoin trademarks to strengthen its role in Korea’s digital money market.
• The company is reorganizing its digital asset unit and is set to launch a task force.
• BDACS has introduced Korea’s first bank-backed stablecoin on the Avalanche blockchain.

KOSCOM has filed five stablecoin-related trademarks as South Korea strengthens its position in digital assets. The filings include KSDC, KRW24, KRW365, KOSWON, and KORWON. With these applications, the firm seeks to prepare for the Korean won–pegged stablecoin market.

KOSCOM applies for 5 KRW stablecoin trademarks and set up a Digital Asset Task Force to test KRW-pegged stablecoin payment uses amid new crypto guidelines in Korea. #crypto

— Vincent Bu Lu (@VincentBuLu1) September 18, 2025

The company aims to respond quickly to the expected rollout of stablecoin projects in South Korea. It continues to hold a vital role as the information technology provider for the Korea Exchange. KOSCOM was co-founded by the government, and the Korea Exchange is still its largest shareholder. This support has enabled the company to retain power in the financial markets.

KOSCOM is not only operating in Korea. It has also provided technology solutions and platforms to the Lao, Cambodian, and Malaysian stock markets. These projects highlight its experience in providing trading infrastructure in the region. With new filings, the company signals that it intends to play a central role in Korea’s digital money market.

KOSCOM Files Stablecoin Trademarks as Affiliate Reorganizes Digital Asset Division

KOSCOM has reorganized its future business division to strengthen its focus on digital assets. As part of this shift, it created the “Digital Asset Business Promotion Task Force.” This unit reports directly to the chief executive officer and leads the company’s stablecoin work. The task force has already conducted a proof-of-concept for stablecoin usage. It is testing ways to apply KRW stablecoins in subscription and distribution payments. The company wants to boost convenience and reliability in financial transactions through this approach.

Kim Wan-seong, who leads the task force, said stablecoins are emerging as a new global means of payment. He added that KOSCOM aims to drive the digital asset market forward by aligning with international trends. His remarks underline the company’s strategy of positioning itself at the front of the market shift.

Observers believe that the South Korean government will soon introduce new rules that cover stablecoins alongside other digital assets. Many expect these rules to arrive within the coming months. Banks in the country are also showing interest in developing their own KRW-backed stablecoins. In recent weeks, leaders of major Korean banks held talks with executives from Tether and Circle. Both firms issue the most popular global stablecoins and may affect domestic policies.

Avalanche Supports Korea’s Stablecoin Push

Alongside KOSCOM’s preparations, BDACS has launched a Korean won–backed stablecoin called KRW1. The coin operates under the Avalanche blockchain and is fully supported with deposits at Woori Bank. A unit of KRW1 holds one won in escrow, keeping the currency stable for users.

Avalanche is powering a new chapter in Korea’s digital economy. 🔺🇰🇷

BDACS, together with Woori Bank, has launched KRW1, a fully collateralized, won-backed stablecoin. Currently in a pilot phase following a full PoC, KRW1 marks an important step toward regulated, bank-integrated… pic.twitter.com/fSsH4si5zP

— Avalanche🔺 (@avax) September 18, 2025

The stablecoin is at a pilot phase following a successful proof-of-concept. BDACS intends to scale up the project when it demonstrates its technical capability. The project is among the initial attempts to implement stablecoins supported by a bank in Korea.

Avalanche has emphasized its ability to provide scalability and security for financial applications. The platform enables BDACS to build a solution designed for institutional use. Justin Kim, Head of Asia at Ava Labs, said the ecosystem will support BDACS and Woori Bank in building trusted products for Korea’s digital economy.