KRWQ Expands to Solana, Bringing Korean Won Liquidity Onchain
KRWQ is expanding to Solana, bringing Korean won liquidity to one of crypto’s fastest onchain trading ecosystems.
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IQ Ecosystem Report - April 2026
KRWQ became the first non‑USD stablecoin on EDX spot and perps. It expanded to Polygon-based onchain FX with major partners and gained industry recognition, while AIDEN and IQ.wiki scaled integrations and partnerships.
Why IQ Built KRWQ — And What the EDX Launch Proves
Based on research published by Asia Stablecoin Alliance on Four Pillars (ASA News #18, April 28, 2026) IQ’s core
KRWQ: "The NDF Market Is Already Outside Regulatory Reach — On-Chaining the Won Stablecoin Is the Answer"
Dave Shin, Chief Operating Officer of KRWQ, made this statement in an interview with Edaily on April 17, discussing KRWQ's role in the approximately $27 billion NDF market. KRWQ is the first offshore Korean won stablecoin, issued by blockchain technology company IQ and Frax Finance.
How KRWQ Is Bringing Korean Won FX Markets Onchain and Cutting Trading Costs by Up to 75%
By introducing a Korean won-denominated stablecoin, IQ aims to bring KRW liquidity onchain and improve access to KRW markets within a more transparent and efficient framework.