KiiChain Surpasses $600 Million in Cumulative Trading Volume and Expands Forex Partnerships

KiiChain has exceeded a cumulative trading volume of $600 million since the launch of its mainnet and is expanding its on-chain foreign exchange infrastructure and corporate payment partnerships. Approximately 90% of the total trading volume comes from corporate clients. KiiChain focuses on connecting existing corporate demand to its on-chain foreign exchange infrastructure, with over 350,000 users and more than 200 corporate clients recorded. The core business of KiiChain is to link dollar-based stablecoin liquidity, such as Tether (USDT) and USD Coin (USDC), with local currencies in emerging markets. On-chain foreign exchange operates by connecting stablecoins and local currency-based assets on the blockchain to facilitate currency exchange and settlement. KiiChain presents a nominal value of $5.4 billion based on signed tokenized contracts, which are assets at the contract stage that have not yet been issued on-chain. KiiChain is expanding partnerships in payment, finance, and on-chain infrastructure, having signed a total of nine partnerships. In October, it plans to launch a yield-generating vault, and in November, it will introduce services for the US dollar-Argentine peso currency corridor and US virtual accounts.

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