2025-12-11 04:34:18

KRWQ is a pretty interesting project, a Korean won stablecoin created through a collaboration between IQ AI and Frax.

The technical infrastructure uses the frxUSD foundation—the partner lineup is quite hardcore: traditional financial giants like BlackRock, Bridge, Superstate, and WisdomTree are all involved.

In terms of market strategy, the focus is on the Korean domestic market. IQ has been deeply rooted locally for many years and has already secured listing qualifications on top exchanges like Upbit and Bithumb. This combination of "traditional financial infrastructure + localized operations" is quite a rare approach in the stablecoin sector.

IQ1,72%

FRAX-4,01%

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GateUser-beba108d

· 2025-12-13 23:26

Korean Won stablecoin? Backed by big players like Blackstone, it feels like this time it's for real.

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RektButStillHere

· 2025-12-11 05:03

Wow, this lineup is really strong. BlackRock has entered the market? It feels like KRWQ isn't just playing around this time.

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PrivateKeyParanoia

· 2025-12-11 05:03

Korean won stablecoin, this time it's really different. BlackRock has also joined in, and it feels like this is not just a small project for scamming investors.

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TxFailed

· 2025-12-11 05:02

ngl, BlackRock backing a KRW stablecoin is peak 2024... actually curious if this doesn't just become another regulatory nightmare waiting to happen. learned the hard way that "traditional finance giants" doesn't always mean smooth sailing.

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SolidityStruggler

· 2025-12-11 05:01

Hmm, this combination is indeed impressive. Even BlackRock has come out in support, which is quite remarkable.

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LiquidationOracle

· 2025-12-11 04:44

Seeing BlackRock enter the market, this stablecoin approach is indeed quite interesting. Backed by traditional financial giants, with full coverage by domestic exchanges, the KRWQ combination is indeed quite sophisticated. But in the Korean won stablecoin track, what really can emerge?

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SellLowExpert