According to PANews on July 31st, stablecoin ATMs supporting USDT cash exchanges have opened at select tourist and retail locations in South Korea. These machines are operated jointly by DaWinKS,According to PANews on July 31st, stablecoin ATMs supporting USDT cash exchanges have opened at select tourist and retail locations in South Korea. These machines are operated jointly by DaWinKS,

Kaia’s native USDT is now available at Korean tourist attractions, allowing tourists to exchange it for cash at stablecoin ATMs.

2025/07/31 15:27
1 min read

According to PANews on July 31st, stablecoin ATMs supporting USDT cash exchanges have opened at select tourist and retail locations in South Korea. These machines are operated jointly by DaWinKS, a South Korean blockchain company, and the Kaia DLT Foundation, and support Kaia-issued USDT. Users can withdraw funds into 85 fiat currencies or load them onto local transportation cards. While unavailable to local residents, this move reflects South Korea's growing acceptance of digital asset payments. Currently, South Korea's regulatory framework for stablecoins has yet to be unified, and the ruling and opposition parties are debating related legislation. The proposed Digital Asset Infrastructure Act, promoted by President Lee Jae-myung, would allow qualified companies to issue won-pegged stablecoins to control capital outflows.
Market Opportunity
Kaia Logo
Kaia Price(KAIA)
$0.05368
$0.05368$0.05368
-8.56%
USD
Kaia (KAIA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details

Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details

The post Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details appeared on BitcoinEthereumNews.com. Japan-based Bitcoin treasury company Metaplanet announced today that it has successfully completed its public offering process. Metaplanet Grows Bitcoin Treasury with $1.4 Billion IPO The company’s CEO, Simon Gerovich, stated in a post on the X platform that a large number of institutional investors participated in the process. Among the investors, mutual funds, sovereign wealth funds, and hedge funds were notable. According to Gerovich, approximately 100 institutional investors participated in roadshows held prior to the IPO. Ultimately, over 70 investors participated in Metaplanet’s capital raising. Previously disclosed information indicated that the company had raised approximately $1.4 billion through the IPO. This funding will accelerate Metaplanet’s growth plans and, in particular, allow the company to increase its balance sheet Bitcoin holdings. Gerovich emphasized that this step will propel Metaplanet to its next stage of development and strengthen the company’s global Bitcoin strategy. Metaplanet has recently become one of the leading companies in Japan in promoting digital asset adoption. The company has previously stated that it views Bitcoin as a long-term store of value. This large-scale IPO is considered a significant step in not only strengthening Metaplanet’s capital but also consolidating Japan’s role in the global crypto finance market. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/japan-based-bitcoin-treasury-company-metaplanet-completes-1-4-billion-ipo-will-it-buy-bitcoin-here-are-the-details/
Share
BitcoinEthereumNews2025/09/18 08:42
BNB Chain Takes Lead in RWA Tokenization, Expert Sees BNB Rally to $1,300

BNB Chain Takes Lead in RWA Tokenization, Expert Sees BNB Rally to $1,300

                         Read the full article at                             coingape.com.                         
Share
Coinstats2025/09/18 14:40
‘Slam dunk’ case? The brutal killing of a female cop and her son

‘Slam dunk’ case? The brutal killing of a female cop and her son

Policewoman Diane Marie Mollenido and her eight-year-old son John Ysmael are killed over what police believe was a car scam
Share
Rappler2026/02/05 16:58