South Korea has begun its first bank-led KRW stablecoin proof-of-concept, with BTQ Technologies providing post-quantum security for the pilot on Kaia. The project will test reserve reconciliation, smart contract standards, and overseas distribution links.
Kaia (formerly Klaytn) has announced the KaiaBFT consensus upgrade, achieving ~10,900 TPS, 1-second block intervals, and zero transaction failures on its devnet. The performance leap is driven by parallelized consensus and execution, extended execution time windows, and client-side optimizations. Running for over seven years, the public blockchain plans to deploy the upgrade to mainnet in the coming months, prioritizing institutional stablecoin issuance and on-chain financial products.
KIP, the investment arm under Kaia DLT Foundation, said its flagship tokenized fund Yield8 has integrated Korean P2P platform 8percent to bring Korean loan receivables on-chain.
