KRWQ — The Digital Won
1 KRWQ is always backed by ₩1 with transparent reserves.
Choose your path to get started with KRWQ
Choose your path to get started with KRWQ
Buy, Send, Redeem
Get KRWQ through partner apps and wallets. Send globally, redeem to KRW when needed.
Buy
Purchase KRWQ through exchanges and wallet apps.
Send & Receive
Transfer KRWQ instantly to any wallet address.
Redeem
Convert back to KRW via partner services.
Numbers First, Trust Always
KRWQ publishes live supply, reserve composition, and every mint & burn.
- Live Supply
- Reserve Ratio102.4%
- Last AttestationComing soon
Real-time data and monthly attestations
- 100%+ asset backing
- Monthly attestations
- Real‑time supply
Updates every 10 seconds
Frax & IQ Infrastructure
KRWQ was built by Frax and IQ. Frax’s stablecoin infrastructure, centered on frxUSD, includes backing from BlackRock’s BUIDL fund, Superstate’s USTB fund, and other partners including WisdomTree. IQ has built a market presence in Korea since its launch in Seoul in 2018 with listings by Upbit, Bithumb, and other leading exchanges. KRWQ builds on Frax’s stablecoin infrastructure and IQ’s presence in the market.
Banking & DeFi
- BlackRock
- Securitize
- SuperState
- WisdomTree
- Stripe
- Bridge
- Upbit
- Bithumb
KR banking integrations for direct KRW on/off ramps
Network Footprint
Live & planned network distribution. Per‑chain float monitored & disclosed.
- BaseL2
- EthereumL1
- GiwaL2soon
- KaiaL1soon
- FraxtalL2soon
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.
Build with KRWQ
Simple APIs, comprehensive SDKs, and detailed documentation to integrate programmable Korean won into your applications.
Compliance
Licensing footprint, Travel Rule readiness, AML controls, attestations & risk governance — surfaced, not buried in PDFs.
Licensing & Registrations
CoreJurisdictional approvals & regulatory footing.
- Virtual asset service provider (VASP) registrations (where applicable)
- MSB / EMI partners for fiat settlement
- Ongoing dialogue with KR regulators (disclosure cadence)
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
Disclosures & Attestations
TrustMaking transparency a product feature.
- Monthly reserve attestation (independent firm)
- Daily circulating supply & mint/burn deltas
- Hedge methodology + reserve composition chart
Risk Management
RiskOperational, market & counterparty oversight.
- FX hedge limits & stress triggers
- 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.