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KiiChain launched an extended public offering of online foreign exchange network after receiving 945

2026-08-04 12:15:23
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KiiChain connects global stablecoin liquidity and local currency markets

Bogotá, Colombia, August 3, 2026-KiiChain is building the infrastructure to connect global stablecoin liquidity and local currency markets. Its test network has been launched, with more than 366,000 participants. KII tokens are used to pay transaction fees, ensure network security and provide liquidity incentives.

KiiChain launched a public offering of KII utility tokens through the Sonar platform. Since registration was opened on July 28, 9450 people have completed registration. The sale will last until August 11 and prepare KiiChain for expanding its on-chain foreign exchange infrastructure for emerging markets.

Connecting digital U.S. dollars to local currencies

In the first quarter of 2026, the global stablecoin market size was approximately US$310 billion, 99% of which was pegged to the U.S. dollar. However, users in emerging markets still need local currencies for daily use. For example, Latin America alone recorded US$324 billion in stablecoin trading volume in 2025, demonstrating the region's huge demand for digital dollars. As adoption rates grow, markets urgently need infrastructure that can connect this liquidity to local currencies for wage payments, supplier clearing, trade and day-to-day transactions.

KiiChain is building this infrastructure. Its on-chain foreign exchange layer connects global stablecoins such as USDT and USDC with locally denominated stablecoins and liquidity on different networks, creating a more direct path between digital dollar liquidity and the local currencies used in emerging markets. The network is designed to support cross-border payments, remittances and trade without the need for corporate or financial applications to manage separate systems for each currency exchange and settlement path.

KiiChain's public Oro testnet has been launched, attracting more than 366,000 participants, providing users, validators and developers with a working environment to interact and test before the main network goes online.

Danyel Arenas, CEO and co-founder of KiiChain, said: "Stabiloins make digital dollars more accessible, but their broader utility depends on whether they can be connected to the currency that businesses and consumers use every day. KiiChain is building this connection so that stablecoin liquidity can support actual payments, trade and financial activities in emerging markets."

KII's utility grows with network activity

KII is used for payment of transaction fees, validator pledges and commissions, network rewards and governance. It also provides incentives to those in the stablecoin foreign exchange pairs that are in short supply, helping attract local currency liquidity in areas where dollar liquidity is already widely available.

As KiiChain adds more currency routes, liquidity providers, applications and transactions, KII will be used to operate, protect the network and provide more functions needed to provide liquidity.

This offering requires KYC verification, a minimum participation amount of US$10, and accepts USDC, USDT and other supported assets. Tokens purchased through the sale will undergo a one-year lockup period, followed by two years of daily linear unlocking. The token generation event is expected to take place in mid-August.

Learn how to participate in building this infrastructure to bring global stablecoin liquidity into day-to-day payments and trade in emerging markets.

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