$KRWQ is now available on @FireblocksHQ via @base.
Over 2,400 institutions β banks, exchanges, fintechs, payment companies β can now integrate Korean won liquidity directly into their existing workflows.
The Korean won is one of the world's most traded currencies. It belongs onchain.
Read more: https://t.co/Qmdpy9wZWo
South Korea π°π· just became the 2nd country in the world with more than one trillion dollar companies.
Korea has a huge equities market, crypto market, and soon a huge stablecoin market. That's why IQ launched KRWQ, the first Korean won stablecoin.
SOUTH KOREA π°π· JUST DID SOMETHING THAT ONLY THE UNITED STATES πΊπΈ HAS BEEN ABLE TO DO
South Korea just became the second country to have more than 1 company valued at $1+ Trillion
Samsung: $1.3 Trillion market cap
SK Hynix: $1 Trillion
πͺ The Future of KRW β Stablecoins 101
What happens when KRW goes on-chain?
@EwhaChain, together with IQ(@IQAICOM), Frax, and Tiger Research, invites you to a special seminar exploring the rise of KRW stablecoins and the future of digital finance β¨
From stablecoin fundamentals to real-world use cases in payments, remittance, and DeFi, weβll dive into how on-chain KRW could reshape Koreaβs financial ecosystem.
π May 26, 2026 (Tue) | 7:00 PM β 8:30 PMβ¨
π Ewha Womans University, Hakgwan, Hall 553β¨
π https://t.co/qU9zF2wvfD
#EWHACHAIN #Web3 #Stablecoin #KRWQ #Blockchain #Fintech #DeFi
Not sure how many are tracking this but Polygon is doing 48% of all APAC non USD stablecoin volume and 69% of LatAm.
Everyone watches USDC and USDT and yeah we are number 1 in USDC active addresses across all chains and number 3 in USDT which is already huge. But for all money to move onchain, all local currency must move onchain and its starting to and its happening on Polygon. The GLOBAL payments chain π
Offshore FX hedging, redesigned for institutional capital efficiency? That's $KRWQ. Here's how @shin_novation, COO of KRWQ is solving the NDF blindspot onchain with stablecoin. https://t.co/j7qPq4ItWN
The first Korean Won stablecoin, $KRWQ, now holds over 1.9B KRW in market cap, with volume up ~2.4x in March.
@KrwqCash launched on Base last October, backed 1:1 by KRW reserves including tokenized Korean gov bonds at Shinhan Securities.
KRW is finding its way onchain. π§΅
@jessepollak KRWQ is the first Korean won stablecoin, live on Base and the only non-USD stablecoin across spot and perpetual markets on EDX.
Bloomberg just covered it as we go after the KRW FX market: https://t.co/iQoTLvieG0
Base should be the home for KRW onchain.
KRWQ is bringing Korean won FX markets onchain by pairing a KRW stablecoin with USDC ; cutting trading costs by up to 75% and replacing opaque offshore NDF markets with faster, more transparent, institutional-grade infrastructure.
What this means:
- 50β75% lower trading costs vs traditional KRW NDF markets
- Faster, 24/7 settlement using USDC as the backbone
- Onchain KRWβUSD liquidity with fewer intermediaries and tighter spreads
- Institutional adoption via products like KRW perpetual futures
- More accessible & transparent FX markets vs legacy offshore systems