$kaia All in
- Tweets 1,844
- Following 816
- Followers 734
- Likes 1,408
시계태엽인간 A Clockwork Man retweeted
Korea has passed its tokenized securities law. The won stablecoin law is still in committee.
Last week we launched The Seoul Standard with @redstone_defi:
What happens to Korean capital when DABA passes, with bear, base and bull cases.
Four data points from the report. 🧵
The rest of Asia has moved. Korea is still deciding.
Hong Kong licensed its first stablecoin issuers in April. Japan's yen stablecoin has been live since October 2025. Singapore is writing its framework into law. Korea passed its tokenized-securities law in January and reopened its exchanges to corporations, but the Digital Asset Basic Act, the statute that would license a won stablecoin, remains in committee over a single question: who gets to issue it.
While that question sits unanswered, net stablecoin outflows from Korean exchanges have run for eighteen consecutive months, about $10.4 billion in total, almost all of it in dollars. The demand for onchain assets is there. It is being served offshore.
Today we are publishing The Seoul Standard, a joint research report with @redstone_defi written for the allocators, funds and institutions weighing Korea. It covers:
- A decade of Korean digital asset legislation, from the 2017 ICO ban to VAUPA, and why each crisis produced the next statute
- What DABA and the enacted STO framework require of institutions, and the bank-versus-fintech dispute stalling one of them
- How a won stablecoin, tokenized deposits and tokenized securities could put inert KRW balances to work onchain
- Bear, base and bull scenarios with dated triggers, plus a sourced risk register
Read and download the full report (KR/EN): blog.kaia.io/the-seoul-stand…
7
10
52
5,002
.... @seo_sangmin
2
6
1,273
시계태엽인간 A Clockwork Man retweeted
99.4% of stablecoin supply is dollars. The race Asia can still win sits in the other 0.6%, and that figure will only increase.
@KaiaChain Chairman @seo_sangmin opened Blockfesta's onchain session with that gap, delivering the Title Sponsor keynote on one thesis: issuance is only the starting line.
The contest is infrastructure, liquidity, FX, and settlement.
1/2
7
9
63
8,944
아시아의 암호화폐는 kaia:native 가 리드합니다
The rest of Asia has moved. Korea is still deciding.
Hong Kong licensed its first stablecoin issuers in April. Japan's yen stablecoin has been live since October 2025. Singapore is writing its framework into law. Korea passed its tokenized-securities law in January and reopened its exchanges to corporations, but the Digital Asset Basic Act, the statute that would license a won stablecoin, remains in committee over a single question: who gets to issue it.
While that question sits unanswered, net stablecoin outflows from Korean exchanges have run for eighteen consecutive months, about $10.4 billion in total, almost all of it in dollars. The demand for onchain assets is there. It is being served offshore.
Today we are publishing The Seoul Standard, a joint research report with @redstone_defi written for the allocators, funds and institutions weighing Korea. It covers:
- A decade of Korean digital asset legislation, from the 2017 ICO ban to VAUPA, and why each crisis produced the next statute
- What DABA and the enacted STO framework require of institutions, and the bank-versus-fintech dispute stalling one of them
- How a won stablecoin, tokenized deposits and tokenized securities could put inert KRW balances to work onchain
- Bear, base and bull scenarios with dated triggers, plus a sourced risk register
Read and download the full report (KR/EN): blog.kaia.io/the-seoul-stand…
2
2
23
1,269
시계태엽인간 A Clockwork Man retweeted
The Korean won is the second most traded currency in the digital asset space, behind only the dollar and its stablecoins. $KRW pairs are roughly 30% of global spot volume.
None of that liquidity can work as collateral onchain, because there is no legally recognized won stablecoin to settle in.
The liquidity is there, but regulation still hasn't caught up.
The tokenized securities framework passed in January 2026 and takes effect in February 2027. The Digital Asset Basic Act, the law that would license a won stablecoin, is still in committee, held up on issuer eligibility.
The cost? Roughly KRW 14.92 trillion, about $10.4 billion, in net stablecoin outflows over eighteen consecutive months.
Regulatory clarity turns a won stablecoin from a payment instrument into collateral. Collateral feeds lending markets and tokenized asset settlement. That circuit mobilizes the stock of retail and corporate won deposits sitting inert today. The money that already left is a separate story.
That mechanism is the spine of the joint RedStone x @KaiaChain report, out today: The Seoul Standard.
It covers Korea's opening against Hong Kong, Japan and Singapore, what the new laws require of institutions, and three scenarios with dated triggers plus a sourced risk register.
Full report below
26
32
128
6,612
시계태엽인간 A Clockwork Man retweeted
문페이, KB·카카오·우리은행과 맞손...스테이블코인·해외송금 협력 확대
digitalasset.works/news/arti…
1
11
1,299
kaia:native 갑시다
🇰🇷 @kbwofficial 이 어제 @0xEastPoint 에서 막을 올렸고, @KaiaChain 도 함께했습니다.
@seo_sangmin 의장은 국회의원, 커스터디 기업, 마켓메이커들과 함께 스테이블코인 유통, 유동성, 시장 인프라를 주제로 한 공개 라운드테이블에 참여했습니다.
이 자리에서 던진 질문은 명확했습니다.
스테이블코인을 발행하는 것 자체는 점점 쉬워지고 있으며, 결국 어떤 스테이블코인이 시장에서 선택받는지는 ‘유통’이 결정한다는 것입니다. 특히 APAC 지역의 로컬 통화 기반 스테이블코인 시장은 아직 주도권이 정해지지 않은 단계에 있습니다.
2
1
14
1,217
시계태엽인간 A Clockwork Man retweeted
🇰🇷 @kbwofficial 이 어제 @0xEastPoint 에서 막을 올렸고, @KaiaChain 도 함께했습니다.
@seo_sangmin 의장은 국회의원, 커스터디 기업, 마켓메이커들과 함께 스테이블코인 유통, 유동성, 시장 인프라를 주제로 한 공개 라운드테이블에 참여했습니다.
이 자리에서 던진 질문은 명확했습니다.
스테이블코인을 발행하는 것 자체는 점점 쉬워지고 있으며, 결국 어떤 스테이블코인이 시장에서 선택받는지는 ‘유통’이 결정한다는 것입니다. 특히 APAC 지역의 로컬 통화 기반 스테이블코인 시장은 아직 주도권이 정해지지 않은 단계에 있습니다.
1
8
31
3,010
시계태엽인간 A Clockwork Man retweeted
통합이라면...국내는 @KaiaChain?
[전문] 금감원 실무자 "메인넷 제각각 깔면 시스템 리스크...통합 설계 필요"
digitalasset.works/news/arti…
2
7
345
이재명 정부의 부총리. 뭘로 책임질까요
국힘 "코인 과세, 준비 미흡하면 책임질 수 있나?"...부총리 "그렇게 하겠다"
digitalasset.works/news/arti…
1
7
750
시계태엽인간 A Clockwork Man retweeted
[데일리한국 최동수 기자] KB국민카드는 스테이블코인을 활용한 오프라인 결제 실증을 CU 매장에서 성공적으로 완료했다고 9월 28일 밝혔다.
기존 카드결제망을 활용하는 방식이 아닌 온체인 네트워크 기반의 새로운 결제 방식을 실제 오프라인 가맹점 환경에서 검증하기 위해 마련 했다.
#kaia
2
1
9
1,091
시계태엽인간 A Clockwork Man retweeted
Korea's stablecoin debate keeps circling who gets to issue.
In Dealsite's Era of Stablecoins series, I made the case for the question that comes after: whether the coin gets used.
That is why @KaiaChain chose to stay neutral. We are the distribution and settlement layer, the rail that carries won stablecoins to users, merchants, and investments beyond Korea, whoever issues them.
This afternoon I join the roundtable on stablecoin distribution, liquidity, and market infrastructure at @0xEastPoint, and I arrive with specifics: @unifi_x, our stablecoin app inside LINE, RWA financing running in Indonesia, and remittance pilots that cut a transfer from days to minutes.
Full interview [KR]: dealsite.co.kr/articles/1694…
9
13
47
4,740
RT @anyangmin: 토큰증권 이후, 실물자산 토큰화(RWA) 입법과제를 모색합니다
오늘(28일) 오후 2시, 국회도서관 대강당에서 RWA 정책 세미나를 엽니다.
국채·주식 등 전통 자산을 온체인화하는 글로벌 RWA 시장은 이미 360억…
4
17
카이아 up
$kaia’s 4h structure has improved: rising lows, aligned moving averages, and a recent up candle with nearly 2x average volume.
the immediate test is $0.0364–0.0370.
a close above that zone and a successful retest would strengthen the case for $0.0384–0.0400.
$0.0340–0.0345 is the support zone behind my bullish short-term read. daily rsi above 70 makes chasing here less comfortable.
1
18
1,737