This round of stablecoin narrative should be the absolute mainline. Any project related to stablecoin narrative will perform very well, and the project will also try to associate with stablecoin These past few days, the Korean project Kaia has been very tough. After searching for the reason for a while, I found out that the chairman Sam Seo shared the narrative that Kaia will promote the Korean won stablecoin a few days ago. I think several key elements are needed to achieve the goal of not only issuing native USDT on KAIA, but also promoting the issuance of KRW stablecoins through @ KaiaChain 1. Strong political business relations, supported by local Korean chaebols 2. Local compliance permits in South Korea 3. International cross-border usage demand for Korean won foreign exchange This matter actually has a shadow. As the official currency of South Korea, KRW has a certain degree of stability in East Asia, but its trading volume in the global foreign exchange market is relatively small, and it is greatly affected by global economic fluctuations (such as the strong US dollar and geopolitical risks in the Middle East), resulting in frequent exchange rate fluctuations And the second one always feels like it's tailor-made for Kakao (which is Kaia's parent company)... Just this month, South Korean President Lee Jae myung took office, and while I was researching, I saw rumors that in the future, South Korean law will allow companies with capital exceeding 500 million Korean won to issue stablecoins pegged to the Korean won. I couldn't find the source of this information, but I did find that Lee Jae myung's campaign promises included promoting stablecoins based on the Korean won. Do you have any South Korean policies 🧐