The Korean won, now onchain
Every mint, every burn, every reserve won — published live and verifiable in real time.
Frax & IQ Infrastructure
KRWQ is built by Frax and IQ. Frax brings institutional stablecoin infrastructure backed by BlackRock’s BUIDL, Superstate’s USTB, and WisdomTree. IQ brings seven years in the Korean market with listings on Upbit, Bithumb, and other top exchanges.
Remittance
Minutes not T+2 settlement into a KRW‑tracking token.
Treasury Ops
Program vendor payouts & internal transfers in one rail.
Commerce
List prices in KRW while settling globally in seconds.
Banking & DeFi
Institutional banking and settlement integrations, disclosed as they go live
Network Footprint
Live & planned network distribution. Per‑chain float monitored & disclosed.
Media & News
Press coverage, reserve updates, and product notes from the KRWQ ecosystem.
View all news
Put your won to work with KRWQ
Access via Partner Platforms
KRWQ is available to eligible users outside the Republic of Korea through licensed partner exchanges and wallets operating in their own jurisdictions.
Access
Acquire KRWQ through licensed partner platforms in permitted jurisdictions.
Send & Receive
Transfer KRWQ instantly to any wallet address.
Redeem
Redemption is handled by whitelisted institutional partners; users exit through their platform.
Won you can verify, always.
Simple APIs. Comprehensive SDKs. Full docs. Get Korean won into your applications.
Compliance
Compliance built on verifiable controls. Licensing, AML, Travel Rule readiness, risk governance. Documentation published as it clears.
Licensing & Registrations
CoreJurisdictional approvals & regulatory footing.
- Registrations held under applicable virtual asset frameworks (listed once issued)
- MSB / EMI partners for fiat settlement
- Monitoring and compliance with evolving KR guidance
AML / KYC Controls
PolicyRisk-based onboarding & monitoring.
- Tiered KYC for individuals / institutions
- Continuous sanctions & PEP screening
- Transaction risk scoring & anomalous pattern escalation
Travel Rule Alignment
RuleData exchange with compliant counterparties.
- Integration with Travel Rule service providers
- Originator / beneficiary data packaging
- Fallback safeguarding & encrypted retention windows
Risk Management
RiskOperational, market & counterparty oversight.
- Reserve composition monitored against custody thresholds
- Custodial concentration thresholds
- Incident reporting (status & post-mortems)
Disclaimer: This overview is informational and does not constitute legal, regulatory, or investment advice. Formal legal documents, licensing certificates, and attestation reports will be accessible in the Transparency section once published.
FAQ
Peg mechanics, redemption flow, FX hedge, CBDC differences, risk handling & more.
No. KRWQ is a privately issued Korean won stablecoin. A CBDC is issued directly by a central bank. KRWQ operates under applicable licensing / compliance frameworks and maintains disclosed reserves; it does not grant monetary policy privileges.