According to CoinMeta, as reported by the Seoul Economic Daily, the overseas issued Korean won stablecoin krwq has removed ktb tokenized Korean government bonds from its reserve assets. Currently, the reserves are composed only of USDC and FRXUSD. ktb was launched by the Shinhan Securities and RWA platform Etherfuse, using Korean government bonds with a maturity of less than one year as the underlying assets. krwq included these bonds in its reserves in February of this year and was once claimed to be the first Korean won stablecoin to use tokenized Korean government bonds as its reserves.