As of Nov 12, 2026, KRWQ has a market cap of $543,182 across 7 chains, most of it on Base ($447.23m).

Logo of KRWQ

KRWQ(KRWQ)

Market Cap$543,182

Price$0.0007

Total Circulating780.68m

Stablecoin information

KRWQ is a fully reserved Korean won-denominated stablecoin developed by IQ in partnership with Frax. It is designed to track one Korean won and is backed by disclosed reserve assets including Korean Treasury Bonds and approved stablecoins.

Category:fiat-backed

Minting and Redemption

Eligible KYC-approved counterparties can mint KRWQ after the issuer receives fiat or approved collateral and redeem it through partner services; redeemed KRWQ is burned.

Audits:No

Stablecoin usage by chain

NameBridge
LayerZero100%>-0.0001%>-0.0001%+1.30%447.23m
0.00%>-0.0001%>-0.0001%-2.53%270.32m
LayerZero100%>-0.0001%>-0.0001%+3.52%38.1m
LayerZero100%<0.0001%<0.0001%<0.0001%24.58m
LayerZero100%<0.0001%<0.0001%<0.0001%448,943.44
LayerZero100%0%0%0%1,000
LayerZero100%0%0%0%5

Stablecoins by market cap

All stablecoins