Last 3 weeks to win $KRWQ & $BGB.Just trade KRWQ via @bulbaswap, and you can do it right from your Bitget Wallet:👉 Markets → TradeBulba (@BulbaSwap):Week 3 of the KRWQ Trading Race is open.Trade USDT-KRWQ pool on Bulba. Top 10 wallets by trading volume win weekly.7,500,000 KRWQ + 1,150 BGB in total rewards across 5 weeks. https://t.co/JqBrSdn6MN ...

Live pairs include:@transferogroup BRZ (Brazilian real)@KrwqCash KRWQ (Korean won)@idrx_co IDRX (Indonesian rupiah)@tokenGBP tGBP (British pound)@ForteAUD AUDF (Australian dollar)@USDT0_to USDT (US dollar)Base dollar pairing: frxUSD (Frax USD)More currency pairs in development. Incentives and gauges are live now. ...

Stablecoin szn has started on @MorphNetwork🇺🇸 USDT↕️🇰🇷 KRWQTrade $KRWQ by @KrwqCash on Morph & win weekly rewards. Full details 👇Bulba (@BulbaSwap):₩ The KRWQ trading competition is here!Trade the USDT-KRWQ pool now live on Bulba, opening a direct onchain route between dollar and won liquidity.5 weeks. Weekly rewards. Top traders win.Start trading ↓ https://t.co/ShJ391xYZI ...

Core Insights - The launch of KRWQ marks the first fiat-backed stablecoin pegged 1:1 to the South Korean Won, filling a market gap as no won-denominated stablecoin had previously launched at scale [1] - KRWQ operates on Base, Coinbase's Ethereum Layer 2 network, utilizing LayerZero's Omnichain FungibleToken standard for cross-chain transfers with zero slippage [1] Group 1: Launch and Technology - The first KRWQ-USDC liquidity pool has been launched on Aerodrome, with BrainDAO managing over $40 million in assets to expand liquidity as demand increases [2] - LayerZero Labs highlighted that their technology enables fiat-backed assets to move natively across different blockchain networks [2] - KRWQ's minting and redemption are restricted to eligible KYC'd counterparties, including exchanges and institutional partners, and it is not marketed to Korean residents [3] Group 2: Financial Backing and Infrastructure - KRWQ is built on Frax's stablecoin infrastructure, backed by BlackRock's BUIDL fund and Superstate's USTB fund, utilizing tokenized US Treasury bonds as reserves [4] - The current supply of KRWQ is reported at 144.54 million tokens with a reserve ratio of 102.4 percent, with independent third-party attestations forthcoming [5] Group 3: Market Context and Future Plans - IQ has been active in the Korean market since 2018, focusing on liquidity on exchanges like Upbit and Bithumb, amidst the Kimchi Premium phenomenon [6] - A recent listing on Upbit has driven significant trading volume for KRWQ, with planned network expansions including Giwa, Kaia, and Fraxtal [7]

Stablecoin Launch - KRWQ, the first fully backed Korean-won stablecoin built on Base, has launched [1] Market Adoption - The launch may set the stage for wider adoption of won-backed assets [1]

🚨JUST IN: IQ AND FRAX LAUNCH KRWQ, THE FIRST KOREAN WON–PEGGED STABLECOIN ON BASE ...