Kaia is advancing the issuance of a Korean Won-pegged stablecoin.

Wu Shuo learned that $Kaia, a Layer 1 blockchain supported by South Korean instant messaging giant Kakao, is advancing the issuance of a Korean won-pegged stablecoin. Sangmin Seo, a core contributor to $Kaia Chain, stated that following the launch of the native USDT, the team will fully promote the deployment of the Korean won stablecoin.