KaiaChain Chairman: Kaia will promote the issuance of the Korean won stablecoin and launch the "Summer of Stablecoins".

DailyNews
KAIA-1,98%

PANews reported on June 9 that Sam Seo, the chairman of KaiaChain, posted on social media stating that following the launch of the native USDT, the team will fully promote the issuance of the Korean won (KRW) stablecoin on the Kaia Mainnet, saying “The summer of Kaia’s stablecoin has just begun.” He also added that Kaia’s predecessor, Klaytn, had participated in the Central Bank’s CBDC project, laying the technological foundation for the stablecoin. Driven by this news, the KAIA token rose 17% in 24 hours, trading at $0.124.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
Dog'svip
· 2025-06-09 17:22
What does it mean
View OriginalReply0
HendraSanjayavip
· 2025-06-09 11:13
HODL Tight 💪
Reply0