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Can the Kaia public chain step into the "stablecoin summer"? Recently, the Kaia public chain has become one of the focal points in the crypto market due to its strong token growth. Since its launch in August 2024, Kaia has been continuously working on its technical performance and ecological development. Recently, its actions in stablecoins and payment scenarios have become a hot topic among industry investors. The foundation's CEO publicly stated, "Kaia's stablecoin summer is coming," indicating that its fiat-backed token plan is about to enter the implementation phase. Since the inauguration of the new president, the support for the issuance of stablecoins pegged to the Korean won has become the latest policy trend in South Korea. The Kaia team also announced that they will collaborate with multiple super apps to plan the launch of a won stablecoin. Following the news, related concept stocks surged nearly 30%, and the price of Kaia tokens also soared, rising from nearly $0.10 to a peak of $0.17, clearly indicating the market's enthusiasm for local stablecoins in South Korea.
Kaia Public Chain: Can the stablecoin project propel it into a new phase? Recently, the Kaia public chain has become one of the hotspots in the crypto market due to the strong performance of its token price. Since its official launch in August 2024, Kaia has been committed to improving technical performance and perfecting its ecosystem. Recently, its actions in the stablecoin and payment fields have sparked widespread discussion among industry investors. Senior foundation officials stated, "Kaia's stablecoin summer is coming soon," which suggests that its fiat-backed token plan may be about to be implemented. With the new government coming to power, supporting the issuance of stablecoins pegged to the Korean won has become a new policy direction for South Korea. The Kaia team seizes this opportunity to announce collaborations with several well-known technology companies, planning to launch a Korean won stablecoin. Following this announcement, the stock prices of related companies surged, and the price of Kaia tokens skyrocketed from around $0.10 to a peak of $0.17, reflecting the market's enthusiasm for local stablecoins in South Korea.
$KAIA 1hr, Daily, Weekly👀👀
Kaia public chain steps into a new era of stablecoins Recently, the Kaia public chain has become the focus of the cryptocurrency market due to its strong token growth. Since its launch in August 2024, Kaia has been continuously making efforts in technical performance and ecological construction. Recently, its actions in stablecoin and payment scenarios have sparked heated discussions among industry investors. Senior officials of the foundation stated, "The summer of Kaia's stablecoin is coming soon," indicating that its fiat-backed coin plan will enter the implementation stage. With the new South Korean government's support for the issuance policy of stablecoins pegged to the Korean won, the Kaia team announced that it will collaborate with multiple super apps to launch a Korean won stablecoin. This news has triggered a strong market reaction, with related concept stocks soaring in price, and the Kaia token rising from nearly $0.10 to a peak of $0.17, demonstrating the market's high expectations for the prospects of local stablecoin projects in South Korea. Borrowing the favorable policies, the Kaia stablecoin project has been launched.
South Korea's stablecoin market is witnessing a turnaround: multiple parties are competing to seize the initiative. Recently, the South Korean stablecoin market has shown a thriving development trend. Under the government's policy direction supporting local currency-pegged stablecoins, bank alliances, tech giants, and Web3 companies are all making moves to gain an edge in the increasingly fierce regional and even global stablecoin competition. The "Digital Asset Basic Law" currently under review by Congress will provide a legal basis for private institutions to issue Korean won stablecoins, and financial regulatory authorities are also accelerating the establishment of operational regulations in line with international standards. This means that the second half of 2025 to the first half of 2026 is likely to become a window period for explosive growth in the Korean stablecoin market. The banking alliance is actively laying out its plans. Although the Bank of Korea takes a cautious attitude towards stablecoins, it recognizes their innovative and promotional role in the fintech sector. Deputy Governor Ryu Sang-dae stated that the stablecoin denominated in Korean won should first be issued by commercial banks that are subject to strict regulation.
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