Kaia Joins Japan Security Token Association to Expand RWA, Security Token Push

Kaia, which is building stablecoin payments and on-chain financial infrastructure in Asia, said July 8 that it has joined the Japan Security Token Association, or JSTA, as a member.

JSTA is a private-sector association representing Japan’s security token and real-world asset markets. Its members include companies across finance, real estate, legal, and trust services, such as Mitsui Fudosan Co., Mizuho Securities Co., MUFG, Securitize Japan, Osaka Digital Exchange, Mitsubishi Corp., Aozora Bank Ltd., Pinoject, and TMI Associates. Kaia expects the membership to strengthen its cooperation base within Japan’s digital-asset ecosystem.

The move follows Kaia’s onboarding of Japanese yen stablecoin JPYC to its mainnet. Since JPYC began issuance on the Kaia mainnet in May, cumulative circulation has exceeded 330 million yen, or about $2.2 million. Its issuance cap has also been eased from the previous level, setting the stage to meet institutional demand including business-to-business payments and cross-border remittances. Kaia aims to position itself not just as a stablecoin issuance platform, but as institution-focused infrastructure used in financial services.

Kaia earlier laid the groundwork for its Japan expansion by becoming the first blockchain mainnet to join the Japan Blockchain Association, or JBA, as a full member. Through UniFi, the Asian stablecoin super app launched with LINE NEXT, it also supports USDT, JPYC, and Indonesian stablecoin IDRX as it seeks to build a stablecoin hub for Asia.

Kaia Foundation Chairman Seo Sang-min said the company plans to introduce a range of products within the Kaia ecosystem. With Japan moving at the policy level to foster the stablecoin market, Kaia will work to ensure that a variety of products using stablecoins can be launched on the Kaia chain, he added.

JSTA Chairman Go Masuda welcomed Kaia’s membership. The association places importance on cooperation with a wide range of players in Japan and overseas and is working to support the healthy development of the digital-asset market, including security tokens and the tokenization of real-world assets, he said. He added that Kaia’s entry should lead to more active cooperation and knowledge-sharing across Asian digital-asset markets, including Japan and South Korea, while helping create new use cases and support market growth.