FIKU
Frax Finance and IQ Launch KRWQ Stablecoin on Base
Slightly positive impact
Frax Finance and IQ have launched KRWQ, a Korean won-pegged stablecoin on Base, using LayerZero's OFT standard. A KRWQ-USDC pair is now active on Aerodrome, but KRWQ is not available to South Korean residents due to regulatory development.
Price Impact by Token
FRAXSlightly positive
IQSlightly positive
KRWQSlightly positive
USDCNeutral
Affected Tokens
FRAX
IQ
KRWQ
USDC