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