by: xpoolPosted on:

Kaia Pledges Won-Pegged Stablecoin as South Korean Stocks Rally

South Korea’s blockchain company Kaia has announced plans to launch a won-based stablecoin following the inauguration of President Lee Jae-myung. This follows a campaign promise from Lee, who sought to position himself as crypto-friendly. 2023 will see South Korea’s crypto scene experiencing further growth as the country’s regulatory environment improves and private-sector innovation gains momentum.

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