Fiat currency · KRW

South Korean Won on U.CASH

The South Korean won is the currency of the world's thirteenth-largest economy and one of the most-traded in Asia. Bank transfers inside Korea settle instantly around the clock; from outside, the won arrives by SWIFT.

Rails settle it at checkout; pegged tokens settle it on-chain. Both live on the same non-custodial U.CASH checkout.

South Korean Won at a glance

Code
KRW
Symbol
₩
Local rail
None in the set
Pegged tokens
0

Rails that settle KRW

Won checkouts can offer SWIFT for bank transfers and cards through your own Stripe or Verifone account. No Korean domestic rail (the local instant network) is in the U.CASH set today.

SWIFT

International. Manual rail, no processor account.

Stripe

Worldwide. Card processing via your own account.

Verifone (2Checkout)

Worldwide. Card processing via your own account.

Pegged tokens on U.CASH

No won stablecoin trades on U.CASH today. On-chain settlement runs through the dollar stablecoins at the checkout's FX rate.

No KRW-pegged token trades on U.CASH today. Card rails and the crypto assets cover checkout settlement.

Where it settles

Countries served by the South Korean Won rails on U.CASH.

South Korea

South Korean Won: FAQ

Can I accept Korean won payments?
Yes: SWIFT delivers won to a Korean account from any country, and cards clear KRW through both processors. Crypto rails cover buyers who settle on-chain.
Do Korean buyers pay by card?
Heavily: Korea is one of the most card-intensive markets in the world, so the card rails carry most cross-border won checkouts.
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KRW, rails and chains

Bank rails for the checkout, pegged tokens for on-chain settlement, one non-custodial platform.