Mini Dapp AMA

The South Korean stablecoin market is facing intensified competition, with multiple institutions actively positioning themselves. Eight major banks are jointly preparing a Korean won stablecoin project, while traditional tech companies and Web3 firms are also getting involved. With the deliberation of the digital asset law, 2025 to 2026 is expected to be a critical period for market rise. Various forces are vying for a competitive edge in the market, and the future compliance issuance and application prospects of stablecoins are highly anticipated.

This week, the sentiment index of the crypto market has risen to the extreme greed zone, with BTC and ETH performing strongly, and the total Lock-up Position of DeFi significantly increasing. The Tron ecosystem is active, and the AI Agent sector is receiving follow, with the market showing increased interest in fundamental projects. It is expected that the market may fluctuate next week, and investors should remain cautious.

Kaia public chain lays out a stablecoin ecosystem, targeting hundreds of millions of users in Asia. Recently, the Kaia public chain has become the focus of the crypto market due to its strong token price surge. Since its launch in August 2024, Kaia has been continuously advancing in technical performance and ecological development. Recently, Kaia's actions in stablecoin and payment scenarios have sparked heated discussions among industry investors. Senior foundation officials stated, "The summer of Kaia's stablecoin is coming soon," hinting that its fiat-backed token plan is about to enter the implementation stage. With the new South Korean government's announcement to support the issuance of a stablecoin pegged to the Korean won, the Kaia team announced plans to collaborate with several super applications to launch a Korean won stablecoin. This news has led to a significant rise in the prices of related concept stocks, with the price of Kaia tokens rising from nearly $0.10 to a peak of $0.17, reflecting the market's optimism about the prospects of local stablecoin projects in South Korea. Ka under the favorable winds of South Korean policy

This week, the crypto market experienced fluctuations, with a general rise at the beginning of the week followed by a drop on Friday due to geopolitical conflicts and regulatory news. The legislation on stablecoins has made significant progress, and South Korea is also actively positioning itself. The Aster project has new developments, and changes in SEC policies may be favourable for ETH and Sol ETF.

This week, the Web3 gaming industry has been active with frequent developments, including the launch of new platforms, an AI hackathon, and token airdrops. New players such as DOGAMÍ and two other games have performed well in the new player rankings, while Axie Infinity continues to lead in retention rates. Overall, the industry still shows a rise.