Frax (FRAX), KRWQ (KRWQ) - KRWQ Integration with FraxNet - 11 Dec 2025
KRWQ, a Korean won-backed stablecoin, will be integrated into FraxNet’s GENIUS-compatible network. According to the official IQ announcement, this move establishes a KRW–USD stablecoin settlement rail within FraxNet, broadening cross-border payment and liquidity solutions for institutional users. Such interoperability could increase transactional demand for both KRWQ and FRAX, enhancing on-chain utility and reducing currency conversion frictions. Integrations that target institutional settlement flows often lead to higher usage volumes and could support price appreciation for associated tokens, especially if adoption accelerates.KRWQ joins FraxNet’s GENIUS-compatible network, establishing an institutional KRW–USD settlement rail for global investors. was created by IQ and Frax.