Bogota, Colombia, August 3rd, 2026, Chainwire
KiiChain has opened the public sale of its KII utility token through Sonar, following 9,450 registrations since sign-ups began on July 28. The sale will remain open until August 11 as KiiChain prepares to expand its on-chain foreign-exchange infrastructure for emerging markets.
Connecting Digital Dollars with Local Currencies
The global stablecoin market reached about $310 billion in Q1 2026, with 99% tied to the US dollar. Yet users across emerging markets still need local currencies for everyday use. For instance, Latin America alone recorded $324 billion in stablecoin transactions in 2025, showing the scale of demand for digital dollars across the region. As adoption grows, so does the need for infrastructure that connects this liquidity with the local currencies used for payroll, supplier payments, trade and everyday transactions.
KiiChain is building that infrastructure. Its on-chain FX layer connects global stablecoins such as USDT and USDC with locally denominated stablecoins and liquidity across different networks, creating a more direct route between digital-dollar liquidity and the currencies used across emerging markets. The network is designed to support cross-border payments, remittances and trade without requiring businesses or financial applications to manage separate systems for every currency conversion and settlement route.
KiiChain’s public Oro testnet is already live and has attracted more than 366,000 participants, providing users, validators and developers with a working environment to interact with and test the network ahead of mainnet.
“Stablecoins have made digital dollars more accessible, but their wider utility depends on connecting them with the currencies businesses and consumers use every day,” said Danyel Arenas, CEO & Co-Founder at KiiChain. “KiiChain is building that connection so stablecoin liquidity can support practical payments, trade and financial activity across emerging markets.”
KII Utility Grows with Network Activity
KII is used for transaction fees, validator staking and delegation, network rewards and governance. It also supports incentives for the less-supplied side of stablecoin FX pairs, helping attract local-currency liquidity where dollar liquidity is already widely available.
As KiiChain adds more currency routes, liquidity providers, applications and transactions, KII will be used across more of the functions required to operate, secure and supply liquidity to the network.
The KYC-gated sale has a minimum participation amount of $10 and accepts USDC, USDT and other supported assets. Tokens purchased through the sale are subject to a one-year cliff followed by two years of daily vesting. The Token Generation Event is expected to take place in mid-August.
Learn more about how to take part in building the infrastructure that brings global stablecoin liquidity into everyday payments and trade across emerging markets.
About KiiChain
KiiChain is building the on-chain FX layer that connects global stablecoin liquidity with the local currencies used across emerging markets. Through 24/7 foreign exchange, cross-border payments, institutional liquidity and on-chain settlement, KiiChain enables businesses, fintechs and financial institutions to move value across currencies and networks through one integrated financial stack. Its ecosystem is designed to make stablecoins more useful for real-world payments, trade and broader financial access.
For more information, visit kiichain.io and follow KiiChain on X at @KiiChainio.
ContactKii [email protected]
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
— CONTENT NOT MODERATED BY G6
