Kaia and Open Asset Join Forces to Launch Won-Pegged Stablecoin in South Korea

A new alliance between Kaia, a blockchain focused on Ethereum Virtual Machine (EVM) technology, and Open Asset, a leader in blockchain solutions, has the potential to accelerate the adoption of won-pegged stablecoins in South Korea. The collaboration promises to bridge traditional finance with the efficiency of blockchain technology and usher in a new era for digital asset use. This partnership is marked by their official Memorandum of Understanding (MOU). Kaia’s robust infrastructure will be paired with Open Asset’s expertise to address challenges associated with stablecoin development, including issuance, distribution, launches, and real-world applications.