Frax, IQ launch Korean won-pegged KRWQ on Base amid stablecoin push

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Jesse Coghlan

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Mentions

People	Navin Vethanayagam, Dr. Sangmin Seo
Organizations	Frax, IQ, Coinbase, Base, Aerodrome, LayerZero, Stargate Finance, Bank of Korea, Kaia DLT Foundation, BDACS, Circle Internet Group, Woori Bank

Code	Name
KR	🇰🇷South Korea

Target	Sentiment	Comment
KRWQKRWQ	Bullish	Launch of a new regulatory-compliant stablecoin with potential for global DeFi use.
🇰🇷 South Korea	Bullish	South Korea is actively pushing for local currency stablecoins and regulatory frameworks.