Illustrating the launch of the KRWQ stablecoin, a won-pegged digital asset, representing the partnership between IQ and Frax Finance.
Blockchain News

KRWQ Stablecoin: IQ Unveils a Strategic Won-Based Digital Currency

The cryptocurrency world constantly evolves, bringing innovative solutions to traditional finance. A significant development has just emerged from the IQ Protocol ecosystem. IQ has officially launched **KRWQ stablecoin**, a new digital currency pegged to the South Korean Won. This groundbreaking initiative marks a pivotal moment for the Korean digital asset landscape, fostering greater stability and […]

Upbit stablecoin denial: Official notice refuting a KRWT stablecoin partnership, emphasizing market integrity and legal action.
Blockchain News

Upbit Denies Crucial Stablecoin Partnership, Vows Decisive Action

A significant development has emerged from South Korea’s cryptocurrency market. Upbit, a leading crypto exchange, has firmly denied recent reports of a stablecoin partnership. This denial directly addresses claims made by the Seoul Economic Daily regarding its operator, Dunamu. The news stirred the market, prompting Upbit to issue a swift and unequivocal statement. This clarification […]