This market cycle, the focus of discussions is gradually shifting. In the past, many projects competed over who had higher TPS or lower fees. Now, more and more projects are building infrastructure around real financial scenarios like Stablecoins, RWA, and PayFi. @kiichainio is one of the more representative projects recently. The project launched its Public Sale recently, raising over $1 million in less than 72 hours and entering the pro-rata allocation phase, which shows the market's growing interest in this sector. KiiChain isn’t a traditional general-purpose L1. It’s more like an On-chain FX Layer specifically designed for Stablecoins and RWA, aiming to integrate cross-border payments, foreign exchange (FX), fiat on/off ramps, and on-chain settlements into a single network. For many emerging markets, these needs have always existed. Traditional cross-border payments are inefficient, FX costs are high, and local stablecoin liquidity is insufficient. KiiChain aims to address these issues. The team has already built capabilities around payment scenarios, including On-ramp, Off-ramp, FX Swap, and DEX Swap, while being compatible with both the EVM and Cosmos ecosystems, making it easier for developers to integrate. Beyond its product positioning, the utility of KII is also quite clear. As the network’s native token, it’s primarily used for Gas, Staking, Governance, RWA Protocol fees, and ecosystem incentives. It plays a role in the operation and value flow of the entire ecosystem, rather than being just a transactional token. Judging from the performance of this Public Sale, the market’s interest may not only be in KiiChain itself but also in financial infrastructure directions like On-chain FX, Stablecoin Settlement, and RWA. The Public Sale will continue until August 11. Even though it has already entered the oversubscription phase, you can still participate, and the final allocation will follow the pro-rata rules. NFA DYOR