kaia

The Bank of Busan (BNK Busan Bank) has completed a pilot for the Korean won stablecoin infrastructure on Kaia Chain.This PoC (Proof of Concept) was jointly participated in by K-STAR Alliance partners AhnLab Blockchain Company, Lambda256, and Open Asset. The test results showed a transaction success rate of 100%, with processing times of less than 1 second.

According to Decrypt, South Korean IT giant Kakao's digital bank KakaoBank is accelerating the development of a technical system that supports KRW stablecoins and tokenized assets, covering smart contract execution, token standards, full nodes, and issuance management backend; its blockchain partner Kaia has submitted at least four trademarks for Korean won-pegged stablecoins in August.Sam Seo, chairman of the Kaia Foundation, stated that they are in discussions with multiple parties regarding the KRW stablecoin POC, but details are not disclosed due to confidentiality.

ChainCatcher message, Kaia v2.1.0 is now live. This update focuses on supporting MEV Auction (KIP-249), enhancing API and storage performance, all without a hard fork.The new version allows for receiving BidTx, and external auction participants can pass the winner through a websocket connection (auction namespace). It is recommended to enable websocket and restrict access (using a firewall or allowlist is recommended). For full nodes, LevelDB enables snappy compression by default, allowing users to reclaim disk space through chain database compression, but this process is time-consuming and increases I/O load.For archive nodes, a new experimental FlatTrie feature has been added, which can be implemented through Erigon-style state layout, but requires resynchronization and some features are temporarily unavailable (such as eth_getProof, real-time pruning, rollback). Additionally, v2.1.0 introduces RocksDB support, RPC block parameters "safe" and "finalized", EIP-7702 checking mechanism, as well as more granular compression control and performance and stability optimizations.

ChainCatcher message, Binance has now completed the integration of Tether (USDT) on the KAIA network and has opened deposit and withdrawal services. Users can obtain their exclusive token deposit address through this page. For details, please refer to the smart contract address of the token on the aforementioned network.

ChainCatcher news, according to the official announcement, Binance VIP borrowing has added KAIA, LA, C, ERA as borrowable assets, and added EURI as collateral asset.

ChainCatcher message, Binance is expected to suspend the token deposit and withdrawal services for Kaia (KAIA) on July 17, 2025, at 08:26 (UTC+8) to support its network upgrade and hard fork. The project team will carry out the network upgrade and hard fork at block height 190,670,000 (expected on July 17, 2025, at 09:26 UTC+8).

ChainCatcher news, L1 blockchain Kaia tweeted that it has become an official member of the Japan Blockchain Association. The official statement indicates that it is currently expanding actual adoption through LINE mini DApps on the Dapp Portal.

ChainCatcher news, DWF Labs co-founder Andrei Grachev announced that the synthetic stablecoin project FalconStable has integrated with Kaia Chain, and the two parties will collaborate to provide sustainable and innovative stablecoin yield solutions for over 250 million Line users.

ChainCatcher news, Lair Finance announced that it will become the first DeFi protocol on Kaia to integrate the Korean Won (KRW) stablecoin, taking the lead in building a dedicated KRW yield vault (KRW Vault).This KRW stablecoin is jointly promoted by South Korean tech giants Kakao and LINE, marking an important move in the on-chain finance sector. Within 12 hours of the announcement, $LAIR continued to soar and reached a peak, drawing full market attention.

ChainCatcher news, according to a tweet from KaiaChain Chairman Sam Seo, Kaia is actively promoting the issuance of a Korean Won (KRW) stablecoin. As a result of this news, the $KAIA 24H increase reached 15%.Previously, Kaia successfully launched the native USDT, and the next step will be to use the Korean Won stablecoin as a breakthrough to accelerate ecological development. Sam Seo emphasized that Kaia's predecessor, Klaytn, had deeply participated in the South Korean central bank's CBDC project, laying the foundation for the stablecoin layout.

ChainCatcher news, according to official sources, Tether has announced the native deployment of its stablecoin USDT on the Kaia blockchain.

ChainCatcher news, the Kaia Foundation announced on X that it has received investment from top crypto venture capital firms, led by Blockchain Capital and 1kx, with participation from Galaxy, The Spartan Group, IDG Capital, Mirana Ventures, SNZ Holding, Comma3 Ventures, Caladan, Lingfeng Capital, Waterdrip Capital, and MEXC Ventures. The specific investment amounts have not been disclosed.Kaia is formed by the merger of Klaytn and Finschia blockchains, originally developed by Kakao and LINE respectively. It features the lowest transaction latency in EVM L1, with a block time of 1 second and instant finality, enabling a smooth user experience and opening up possibilities for use cases that require near real-time responses.

ChainCatcher news, Kaia & LINE ecosystem's first batch of mini-programs, KeitoKun, announces the launch of its pre-registration event. Users participating in the event can receive rewards worth up to $110 each.It is reported that each pre-registered user will be gifted 10 gift boxes, containing "special sweaters," which can serve as proof for future airdrops. Each gift box will be valued at $1 when KeitoKun officially launches.