South Korea’s First Won-Pegged Stablecoin Makes Market Debut
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In a landmark move for the cryptocurrency sector, IQ and Frax have launched KRWQ, a stablecoin tied to the South Korean won. Hosted on Coinbase’s Ethereum Layer-2 Base network, KRWQ is now traded on the Aerodrome platform under the KRWQ/USDC trading pair.
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