KRWQ Korean Won Stablecoin Joins Solana, Expanding After EDX
Published: · Source: mk.co.kr
KRWQ, a stablecoin pegged to the Korean won, has joined the Solana ecosystem. Following its expansion to EDX, KRWQ is now extending to Solana to integrate about $100 billion in daily KRW liquidity and broaden use cases across derivatives, arbitrage and related trading activity. Solana is being used for its high-speed, high-liquidity infrastructure. However, domestic Korean investors will be excluded until South Korea completes the relevant regulatory framework. The move shows KRW-based digital asset liquidity gaining more overseas ecosystem access. Source: mk.co.kr
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