According to ZDNet, Tokensquare, an artificial intelligence (AI) payment infrastructure company, announced on the 4th that it will launch 'KRWQ', a Korean Won (KRW) stablecoin infrastructure, in the domestic market based on a strategic partnership with the Switzerland-headquartered BSV Association. Previously, Tokensquare and the BSV Association have continuously collaborated on technical verification, node operating structure, and commercialization direction for the KRWQ infrastructure since signing an official Memorandum of Understanding (MOU) in June 2025.
