[KRWQ Korean Won Stablecoin Expands to Solana Network] According to The Block, the Korean Won-denominated stablecoin KRWQ has announced its expansion to the Solana network, aiming to support on-chain Korean Won liquidity. KRWQ was created through a collaboration between IQ Company and Frax. The team stated that this deployment will establish KRWQ as the core settlement asset for Korean Won liquidity on Solana. KRWQ will support various Korean Won-denominated trading applications on Solana, including perpetual futures, on-chain forex markets, arbitrage strategies, cross-margin trading between Korean Won and USD stablecoins, as well as institutional and algorithmic trading systems. The team noted that Solana's low-latency execution and deep liquidity were the reasons for choosing this network. In March of this year, KRWQ was listed on EDX Markets' spot and perpetual contract markets, including the launch of Korean Won perpetual futures on EDXM International.