Yuyue
Yuyue|Sep 10, 2025 11:07
South Korea's largest exchange, Upbit, has launched the GIWA chain. In my opinion, this signals strong support for public chains in South Korea. We’ve also talked before about the situation with the Korean Won stablecoin. South Korea’s elected president, Lee Jae-myung, had previously promised to build a stablecoin system anchored to the Korean Won. To me, all of this is interconnected—[public chains, stablecoins, exchanges]—basically the most profitable sectors. The related South Korean public chain, Kaia, has also been quite active recently. This public chain from a South Korean tech giant really knows how to capture trends. Previously, it was reported that on-chain native USDT was introduced to South Korean tourist spots, supporting cash exchanges and transportation card services. There are also options for on-chain financial management. The stablecoin product incubated by Kaia, @SuperEarnX (with interest generated from DeFi, delta-neutral strategies, on-chain bonds & RWA), is already open for registration. Once I’ve cleared my positions, I’m planning to deposit some funds there.
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