Korean Mobile Payment App Chai Reaches 500K users in 4 months – $54 million in Transactions

The post Korean Mobile Payment App Chai Reaches 500K users in 4 months – $54 million in Transactions written by Richard Kastelein appeared first on Blockchain News – Blockchain News and Opinion – Tokenomics, Cryptoeconomics

Terra-ChaiKorean mobile payments app CHAI – fueled by blockchain and pegged to stablecoins – has rocked the Korean eCommerce market in its first four months – providing cheaper transactions for local businesses in Korea. During its first four months, CHAI has grown at an amazing week-over-week average growth rate of over 16 percent. Stablecoins provide […]

The post Korean Mobile Payment App Chai Reaches 500K users in 4 months – $54 million in Transactions written by Richard Kastelein appeared first on Blockchain News – Blockchain News and Opinion – Tokenomics, Cryptoeconomics

Original source: https://www.the-blockchain.com/2019/10/30/korean-mobile-payment-app-chai-reaches-500k-users-in-4-months-54-million-in-transactions/

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