IQ and Frax Launch KRWQ, First Korean Won–Backed Stablecoin on Base

IQ and Frax Launch KRWQ, First Korean Won–Backed Stablecoin on Base

Quick Breakdown  KRWQ launches as the first Korean Won stablecoin on Base with multi-chain support. Enables seamless cross-chain transfers and 1:1 settlement for global DeFi users. Designed for KYC-verified institutional participants, setting a compliant standard for fiat-backed digital assets....

source:  ukstories.microsoft.com

ClearBank Partners with Circle to Boost Stablecoin Adoption Across Europe

Quick Breakdown  ClearBank partners with Circle to advance stablecoin adoption and blockchain-based payments in Europe. The UK bank will join Circle Payments Network, enabling faster and cheaper cross-border transactions. The partnership builds on Circle’s growing European footprint, following its...

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