John Cho, Chief Stablecoin Officer at Kaia Foundation and co-founder of Ratio, breaks down the race for stablecoins in Asia. We cover China’s blockchain plans, why it blocked yuan stablecoins, Hong Kong’s licensed HKD coins and the fight over won stablecoins in Korea. Plus where Solana, Japan and the U.S. stand.
~This Episode is sponsored by Ether.Fi~
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Guest: John Cho – Chief Stablecoin Officer: RatioFX & Kaia Foundation
Follow John on X ➜ https://x.com/Iam_JohnCho
Follow Ratio on X ➜ https://x.com/KaiaChain
Follow Kaia Foundation on X ➜https://x.com/RatioFX
00:00 Intro
00:10 Sponsor: EtherFi
01:45 What is Kaia?
03:30 Where does China really stand on crypto?
05:30 China wants a national blockchain network by 2030
07:45 Why block them while pushing the e-CNY?
09:25 e-CNY carried 95% of mBridge payments
11:00 RWA is banned in China?
12:00 HSBC’s RedCoin launches 3 million wallets
13:15 Only two licenses from 36 applicants
15:00 Solana is in Shanghai, Best positioned?
16:50 Why Solana over Ethereum?
18:45 Should banks or crypto companies issue the won stablecoin?
21:10 54% of yen stablecoin trading is in Korea
22:35 Ratio signs MOU; what’s cooking?
25:25 How does $CRCL play into this?
26:30 Japan too slow or too fast?
28:30 What should Washington do?
30:35 Will China stocks reign supreme on DeFi Perps?
32:35 Who do you think wins Asia?
#China #Crypto #Asia
~Asia’s Stablecoin War ⚔️ John Cho INTERVIEW~
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