Kaia (KAIA) has increased for the third consecutive session, surpassing the 0.1930 USD mark and setting a new peak in 4 months. The bullish momentum comes from Kaia becoming the first layer-1 blockchain to join the Consortium Blockchain of Japan (JBA), along with the launch event of Kaia Hub – a platform providing DeFi services, dApps, and asset portfolio management.
JBA is the renamed version of the Japan Digital Asset Agency (JADA), with members such as Hitachi, Invesco, and Napa Solutions. Meanwhile, the Chairman of KAI, Mr. Sangmin Seo, also announced plans to launch a stablecoin pegged to the South Korean won, similar to USDT.
These advancements reinforce KAI’s position in the Asian market and expand its potential applications in the real world.
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