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via The Block · By The Block Editorial

Korean won stablecoin KRWQ expands to Solana following March EDX Markets listing

SOL

SOL/USDT

$75.55

+0.01%

$75.55

+0.01%

(24s)

24h Volume

$534,923,801.58

24h H/L

$75.74 / $75.17

Change: $0.5700 (0.76%)

Long/Short

72.1%

Long: 72.1%Short: 27.9%

Funding Rate

+0.0003%

Longs pay

Data provided by COINOTAG DATALive data

Solana

Daily

$75.42

▲ 0.09%

Volume (24h): -

Resistance Levels

Resistance 3$79.225

Resistance 2$77.1608

Resistance 1$75.5774

Price$75.42

Support 1$75.2875

Support 2$73.1866

Support 3$71.1882

Pivot (PP):$75.38

Trend:Downtrend

RSI (14):51.0

The Block Editorial

(08:44 AM UTC)

1 min read

Reviewed byJames Mitchell

0 comments

KRWQ, a stablecoin pegged to the South Korean won, is expanding to Solana, the team announced on Wednesday.

IQ, the company that created the stablecoin in partnership with Frax, said that this effectively positions KRWQ as a core settlement asset for Korean won liquidity on Solana.

"The Korean won is a major global currency with substantial activity in offshore derivatives markets, yet it…

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