PANews reported on June 9 that KaiaChain Chairman Sam Seo posted on a social platform that after the launch of the native USDT, the team will fully promote the issuance of the Korean won (KRW) stablecoin on the Kaia mainnet, saying that "Kaia's stablecoin summer has just begun." He also added that Kaia's predecessor Klaytn had participated in the Bank of Korea's CBDC project and laid the technical foundation for stablecoins.

Perhaps driven by this news, the KAIA token rose 17% in 24 hours to $0.124.