Town Hall

Can the Line ecosystem replicate the success of the TG ecosystem? Line, as a highly popular communication software in Asia, announced this year its mainnet merger with the Korean public chain Klaytn. This strategic move signifies that Line will actively layout in the Web3 field. Looking back at the rise of the Telegram ecosystem, it successfully attracted a large number of Web3 projects and users, becoming an important link in the transition from Web2 to Web3, thanks to its massive user base and mini-program platform. Now, Line also possesses similar development conditions and is expected to spawn new Web3 phenomenon projects in the Asian market, injecting new vitality into the field. The merger of Line and Klaytn will bring technological innovation and changes in governance structure, issuing a new unified token and building an integrated network across Ethereum and Cosmos. This cooperation not only accelerates the development of Web3 technology but also signals the rise of Asian tech giants.

Research on the Liquidity play people for suckers problem in the Layer 2 era After Ethereum shifted to a Layer 2-centric expansion plan, coupled with the rise of tools like RaaS, numerous public chains have rapidly developed. Many entities hope to build their own chains to represent different interests and seek higher valuations. However, the emergence of numerous public chains has made it difficult for the ecosystem to keep up, leading to many projects experiencing a loss of value at the TGE. Borrowing OP

This week, the crypto market experienced a general rise before falling due to geopolitical events. The legislation on stablecoins and the advancement of South Korea's digital asset bill have become the focus, while the Aster project has also garnered attention. At the same time, the SEC's regulatory stance on Decentralized Finance and SOL ETF may impact market trends, and investors need to be aware of the risks.

The South Korean stablecoin market is entering a period of explosive growth, with longer forces competing for positioning, including bank alliances, tech giants, and Web3 companies. The Central Bank is taking a cautious stance on stablecoins and plans for commercial banks to be the first to issue them. Kakao Pay and other companies are also actively applying for trademarks and promoting related projects, with significant market development expected by 2026.

Kaia Public Chain: The Stablecoin Ambition of Asia's Web3 Giants Recently, the Kaia public chain has become a hot topic in the crypto market due to the strong surge of its token. Since its launch in August 2024, Kaia has been continuously strengthening its technical performance and ecological development. Recently, its actions in the stablecoin and payment scenarios have sparked widespread discussion among industry investors. Senior officials from the foundation stated, "Kaia's stablecoin summer is coming soon," indicating that its fiat-pegged coin plan is entering the implementation phase. With the new government coming to power, supporting the issuance of stablecoins pegged to the local currency has become South Korea's latest policy direction. The Kaia team promptly announced plans to collaborate with several super applications to launch a Korean won stablecoin. This news has driven a significant rise in related concept stocks, with the price of Kaia tokens increasing from about $0.10 to a peak of $0.17, reflecting the market's optimism about the prospects of domestic stablecoin projects in South Korea. Borrowing policy east