What is KRWQ?
Digital Won (KRWQ) is a compliance-focused stablecoin pegged 1:1 to the South Korean Won, developed by IQ in partnership with Frax Finance. On Base using the LayerZero OFT standard, KRWQ is backed by segregated bank accounts verified via Chainlink Proof of Reserve, providing an institutional-grade digital Won for trading and remittance. For details, visit IQ Wiki.
What to weigh
- Digital Won (KRWQ) is a compliance-focused stablecoin pegged 1:1 to the South Korean Won, developed by IQ in partnership with Frax Finance.
- On Base using the LayerZero OFT standard, KRWQ is backed by segregated bank accounts verified via Chainlink Proof of Reserve, providing an institutional-grade digital Won for trading and remittance.
