Two KRWQ stablecoins are pulling Korea’s digital won race in different directions

TokenSquare, a South Korean AI payments infrastructure company, has launched KRWQ, a Korean won-denominated stablecoin infrastructure built on BSV blockchain technology, in partnership with the Switzerland-based BSV Association. The system is designed for real-time payments, micropayments, and enterprise settlement using digital won-based rails. The project follows a memorandum of understanding signed in June 2025, followed...