$KAIA With the ongoing stablecoin mania, I like betting on L1s that facilitate these developments & bet on it.
KAIA is one which I think is flying pretty much under the radar and I did buy a bag to get exposure to the Asian Stablecoin market.
They are bringing the Korean Won as a stablecoin to the chain, we know how crazy that market can get. Additionally, $USDT is already live on the chain and did a recent funding round by some big players in the space.
Lastly, there has been some positive news from China which wants to get more into the stablecoin sector as well. So the race in the region is on, which I hope accelerates the progress.
Kaia is teaming up with Open (Asset) to bring Korean Won Stablecoins to the blockchain!
With expertise from projects like the Bank of Korea CBDC and advanced issuance tech, we’re driving the future of regulated stablecoins and real-world Web3 payments. Open Asset is poised to pioneer the stablecoin issuance agency service in cooperation with Kaia.
Collaboration directions:
• Open Asset will issue Korean Won stablecoins on the Kaia blockchain
• Cooperation on branded Korean Won stablecoin issuance agency services for clients, aligned with regulatory frameworks
• A comprehensive partnership covering business network sharing, client acquisition, marketing, and technical support
For more details about the partnership, please refer to the article below.👇
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