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About KiiChain
KiiChain is the first onchain FX orchestration layer for stablecoins and real-world assets (RWA), purpose-built for emerging markets. KiiChain supports a non-custodial hybrid centralized and decentralized venue for on-chain FX swaps using non-dollar stablecoins alongside USDT/USDC, enabling 24/7 on-chain FX markets with instant settlement. The KiiChain protocol consists of three onchain FX smart contracts orchestrated via a EVM compatible Cosmos SDK AppChain. It features a proprietary token mirroring module between EVM and Cosmos environments, IBC & Hyperlane connectivity for interoperability with 100+ blockchain ecosystems and a custom Oracle module for FX and RWA pricing.
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A client of the South Korean cryptocurrency exchange Bithumb is required to return 194 million South Korean won—approximately $140,400—for accidentally sent bitcoins, which he managed to sell after the erroneous credit to his account.
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