Frax and IQ Labs Introduce KRWQ: The First Korean Won Stablecoin on Coinbase's Base Network

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Crypto protocol Frax and AI agent platform IQ Labs have jointly launched KRWQ, the first Korean won-pegged stablecoin, on Coinbase's Base blockchain. This significant development aims to bridge traditional finance with decentralized applications, offering a stable digital asset for the South Korean won in the global DeFi market.

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