LayerZero and KRWQ Introduce the First Multi-Chain Stablecoin Backed by Fiat Korean Won

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

ZRO+3.029%

STABLE-7.3399997%

Source: Coinmarketcap

Updated: Nov 04 2025

Introduction of KRWQ: KRWQ is the first multi-chain Korean won stablecoin, fully backed 1:1 by the Korean won and utilizing LayerZero technology for cross-chain functionality.
Liquidity and Market Launch: The stablecoin has launched its initial liquidity pool on Aerodrome within the Base ecosystem, supported by BrainDAO, creating the first trading market for the Korean won stablecoin.
Regulatory Compliance and Target Market: Only verified institutions can mint or redeem KRWQ tokens, ensuring compliance with regulations, while the project primarily targets international markets rather than domestic users.
Integration and Programmability: KRWQ offers a programmable representation of the Korean currency, enabling integration into various applications and facilitating value transfer across over 150 blockchains with minimal costs.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

LayerZero and KRWQ Introduce the First Multi-Chain Stablecoin Backed by Fiat Korean Won

About the author

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