{"id":15382,"date":"2026-05-13T12:55:12","date_gmt":"2026-05-13T12:55:12","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/15382\/"},"modified":"2026-05-13T12:55:12","modified_gmt":"2026-05-13T12:55:12","slug":"krw-stablecoin-krwq-launches-on-solana-to-expand-liquidity","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/15382\/","title":{"rendered":"KRW Stablecoin KRWQ Launches on Solana to Expand Liquidity"},"content":{"rendered":"<p>IQ said it is launching KRWQ with Frax on the Solana network.<br \/>\nKRWQ plans to support perpetual futures, on-chain foreign exchange markets, arbitrage, and cross-margin trading between won and dollar stablecoins.<br \/>\nIQ said it can expand won liquidity on-chain through integration with Solana DEXs, cross-border payments, and AI-based trading.<\/p>\n<p class=\"_feedSummaryContent-module-scss-module__B3djzW__newsAnalyticsTitle\">Forecast Trend Report by Period<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/05\/1778570951_681_Indicator.png\" alt=\"Loading Indicator\" data-hide-on-theme=\"light\" class=\"h-full w-full object-cover\" style=\"animation:var(--animate-spin)\"\/><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/05\/1778570951_925_Indicator-dark.png\" alt=\"Loading Indicator\" data-hide-on-theme=\"dark\" class=\"h-full w-full object-cover\" style=\"animation:var(--animate-spin)\"\/>See more mid- to long-term trend analysis<img decoding=\"async\" src=\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/05\/b17e4db0-213c-47ce-b0ef-b41f6ef8ae99.webp\" alt=\"Photo: IQ\" width=\"646\" role=\"presentation\" fetchpriority=\"high\"\/>Photo: IQ<\/p>\n<p>KRWQ, a won-pegged stablecoin, is launching on Solana.<\/p>\n<p>The Block reported on May 13 that IQ said it is deploying KRWQ on the Solana network with Frax. The company said the Korean won has long been a globally traded currency in offshore derivatives markets, but has remained less accessible in crypto-native systems. KRWQ will allow investors to use won liquidity on-chain for trading, hedging and capital management.<\/p>\n<p>Following the launch, KRWQ plans to support a range of won-denominated services on Solana, including perpetual futures, on-chain foreign exchange markets, arbitrage and cross-margin trading between won and dollar stablecoins.<\/p>\n<p>IQ said it chose Solana for its low latency and liquidity. &#8220;Solana has the performance and ecosystem needed to expand won liquidity on-chain,&#8221; Dave Shin, KRWQ&#8217;s chief operating officer, said.<\/p>\n<p>IQ is also pursuing integration between KRWQ and Solana-based decentralized exchanges, or DEXs. It added that KRWQ could eventually be used for cross-border payments and AI-based trading.<\/p>\n<p>IQ previously launched KRWQ with Frax on Base, Coinbase&#8217;s layer-2 blockchain, in October 2025. In March, it was listed on EDX Markets&#8217; spot and perpetual futures markets.<\/p>\n","protected":false},"excerpt":{"rendered":"IQ said it is launching KRWQ with Frax on the Solana network. KRWQ plans to support perpetual futures,&hellip;\n","protected":false},"author":2,"featured_media":15383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[530,524,534,522,523,529,528,526,525,527,533,531,171,532],"class_list":{"0":"post-15382","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-korea","8":"tag-bitcoin","9":"tag-bitcoincommunity","10":"tag-blockchain","11":"tag-bloomingbit","12":"tag-coincommunity","13":"tag-coininfo","14":"tag-coininvest","15":"tag-coinnews","16":"tag-coinreview","17":"tag-coinstats","18":"tag-cryptocurrency","19":"tag-ethereum","20":"tag-korean","21":"tag-solana"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/15382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=15382"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/15382\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/15383"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=15382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=15382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=15382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}