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IQ is partnering with Frax to launch the Korean Won stablecoin KRWQ

By: theblockbeats.news|2025/10/30 04:45:54

BlockBeats News, October 30, according to The Block, IQ has partnered with Frax to launch the Korean won stablecoin KRWQ. This is the first Korean won stablecoin issued on the Ethereum Layer 2 network Base under Coinbase's umbrella, and has been listed on Aerodrome with the KRWQ-USDC trading pair.

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In the past 1 hour, the total liquidation across the network was $223 million.

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