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The full-stack platform for the internet financial system. Making the economy open to all. Disclosure:
Joined October 2013
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Korean won FX markets are moving onchain.
With USDC as the settlement layer, @IQAICOM’s @KRWQcash are helping create a more transparent and accessible KRW-USD market structure, with trading costs that are 50%–75% lower than traditional KRW NDF markets.
By pairing KRWQ with USDC, they were able to support:
→ Deeper KRW-USD liquidity
→ Tighter spreads and better price formation
→ Broader institutional distribution
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