KRWQ on Base

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.

Why use KRWQ in Mo?

• Transparent Fees: Mo charges a flat 0.1% fee on trades in Mo Trade with no hidden spreads. Bank money in is free; bank money out is 1%.
• Free Transfers: Send KRWQ globally to any Mo user for free. Mo-to-Mo sends have zero transaction fees.
• Near-Instant Settlement: Moving KRWQ on the Base network settles in seconds, providing a fast and reliable alternative to traditional banking rails.
• Smart Wallet Control: Hold your assets securely in your Mo smart wallet, retaining full custody and access at all times.

On Base

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