KRW Stablecoins – Milestones
Key milestones and important events in KRW Stablecoins's history.
Showing 6 milestones for KRW Stablecoins
KRW-Pegged Stablecoins Founded
KRW-Pegged Stablecoins was founded and officially launched.
FSC Misses Deadline for Stablecoin Bill
South Korea's Financial Services Commission (FSC) misses a deadline to submit its regulation bill for KRW-pegged stablecoins, citing coordination needs.
www.dlnews.com/articles/regulation/south-korean-regulator-misses-government-stablecoin-deadline/KakaoBank Stablecoin Initiative Enters Development
KakaoBank advances its KRW-pegged stablecoin project into the development stage, backed by its parent company Kakao Group.
www.theblock.co/post/380493/kakaobank-advances-stablecoin-initiativeIQ and Frax Launch KRWQ Stablecoin
IQ and Frax launch KRWQ, a multichain KRW-pegged stablecoin, on the Base network, designed to be regulatory-compliant for global markets.
www.theblock.co/post/376877/krwq-korean-won-stablecoin-baseUpbit & Naver Pay Plan Stablecoin Collaboration
Upbit's parent company Dunamu and payments giant Naver Pay announce a collaboration to develop a payments business based on a KRW stablecoin.
www.coindesk.com/business/2025/07/01/south-korean-exchange-upbit-to-work-on-won-stablecoin-with-naver-pay-reportSouth Korea Pivots to Private Sector Stablecoins
The Bank of Korea halts its CBDC project to favor a private sector-led development of a won-based stablecoin market.
www.coindesk.com/policy/2025/08/14/asia-morning-briefing-korea-s-onshore-won-policy-could-hinder-its-stablecoin-ambition