johncho.kaia (&/acc)

Chief Stablecoin Officer @kaiachain. Building @RatioFX.

Contrarian for clout. All opinions backed by autonomously generated anecdata.

[johncho.kaia (&/acc) @Iam_JohnCho]

After months of discovery, architecture and building - we are finally ready to reveal what will become Asia's defacto regulated middleware and FX execution layer for Finance 2.0.

Introducing @RatioFX - built for Asia, scaled for the world.

/Ratio Everything.

[/Ratio @RatioFX]

Introducing Ratio: Stablecoin Orchestration Layer for Asia's $6T+ cross-border payments market.

We're eliminating friction in regional value movement with compliant, instant FX execution delivering enterprise-grade settlement at a fraction of legacy costs. 🧵👇

[/Ratio @RatioFX]

A Korean company paying an Indonesian supplier never actually buys rupiah with won. It buys dollars twice.

Two spreads, correspondent banks, 1-3 days in transit. On a $1M invoice, that's $15K to $30K gone.

@RatioFX CEO @Iam_JohnCho walks through the whole route, and the one that replaces it.

[Kaia @KaiaChain]

.@jpyc_official is now supported by @KaiaChain on @Official_Upbit.

Korea's largest exchange, Japan's yen stablecoin, and one network between them.

[/Ratio @RatioFX]

🇹🇼 @TaipeiWeek assembled APAC's largest web3 players for a quality panel on the local stablecoins in Asia.

@Iam_JohnCho holding it down for @RatioFX.

[/Ratio @RatioFX]

Local-currency stablecoins only matter if they can move between markets.

The IDR corridor is now live and integrated:

@idrx_co onchain, Nobu Bank supporting rebalancing operations, @RatioFX orchestrating liquidity, FX, settlement, and compliance as one system. 🇮🇩

[/Ratio @RatioFX]

The transition from legacy correspondent banking to onchain settlement requires compliance-first, institutional-grade architecture.

To support this shift, Ratio leadership will be on the ground for @TaipeiWeek.

As regional stablecoin utility matures, the operational bottleneck has shifted from issuance to orchestration. Ratio resolves this, abstracting the complexity of multi-currency liquidity routing, compliance frameworks, and institutional-quality FX execution behind a single API.

@Iam_JohnCho and @ImSmolpotato will be in Taipei taking meetings with partners and institutions. Connect with them to find out about the exciting developments on the horizon for Ratio and how we are rewiring FX for Asia and beyond. 🇹🇼

[/Ratio @RatioFX]

Domestic payments in APAC might be seamless. But cross-border settlement is broken.

This is exactly why @RatioFX exists. We are the dedicated FX layer making blockchain invisible to enterprises.

Read the full analysis featuring our CSO @Iam_JohnCho: https://t.co/SnxfTiFd1a

[johncho.kaia (&/acc) @Iam_JohnCho]

We're here to ratio TradFi.

[Nael @nael_idrx]

IDRX/USDT rate on @RatioFX is an absolute banger

[johncho.kaia (&/acc) @Iam_JohnCho]

@nael_idrx @RatioFX @idrx_co @KaiaChain @ImSmolpotato @tether We're here to ratio tradfi.

[Nael @nael_idrx]

IDRX/USDT rate on @RatioFX is an absolute banger

[/Ratio @RatioFX]

Asia is racing to pass stablecoin legislation, and banks are being instructed to prepare now.

In a recent @Forbes feature, @RatioFX founder @Iam_JohnCho explains why non-dollar stablecoins are the next frontier, and how we provide the necessary FX infrastructure.

[johncho.kaia (&/acc) @Iam_JohnCho]

Asia is a "massive blue ocean" for stablecoin builders.

Massive thank you t to @ForbesDAssets for the great interview, bringing more eyes to opportunities in the biggest economic geography in the world.

https://t.co/vNiXuWRpci

[/Ratio @RatioFX]

Stablecoins are becoming the rails for payments and settlement, while Bitcoin continues to strengthen its role as a global store of value w/ both connected through the same financial infrastructure.

Our CSO @Iam_JohnCho Cho shares his perspective with TheStreet on where Bitcoin fits as stablecoin payments scale.

https://t.co/okB0htXIVH

[CoinDesk @CoinDesk]

NEW: Standard Chartered, Animoca Brands and HKT launch Hong Kong's first regulated HKD stablecoin for institutional users, with retail access targeted for Q4 2026.

[Fireside Tapes @firesidetapes]

In 2007, a rival fund called Ken Griffin on a Sunday needing to dump a $30 billion book before Monday's open to meet margin calls. The senior banker on the competing bid went to bed.

Citadel owned all of it by 6AM.

This is him telling the whole story -- the 50-person team assembled in hours, the all-nighter, and the banker on the competing bid who called from Greenwich to say he was going to bed:

"And he said, look, it's getting late, this isn't gonna get done tonight. I'm heading off to bed, I'm telling my guys to go home, and we'll pick this up in the morning."

"And I said, there will be nothing to pick up in the morning. We're going to get this done. he sort of laughed and hung up."

"6AM before the opening of the markets, we bought that entire portfolio."

The quote he lands it on, from President Lincoln:
"Things may come to those who wait, but only those things left by those who hustle."

Bookmark & watch ↓

[Larry 小薯仔 🥔 @ImSmolpotato]

Cross-border payments are one of the most compelling applications for stablecoins, but building products that operate reliably across different markets requires much more than blockchain infrastructure. 💱

At @RatioFX, we work closely with companies building the next generation of payment experiences. 🌐

I'm looking forward to joining @utila_io's Stablecoin Builder Series to discuss where stablecoin adoption is gaining traction across APAC, what customers are asking for today, and what it takes to move from pilots into production.

Register here: https://t.co/JuLkERC0Ya

[johncho.kaia (&/acc) @Iam_JohnCho]

Notwithstanding current market sentiment, momentum and interest regarding stablecoin infrastructure continue to intensify.

Since our production deployment, @RatioFX has successfully onboarded four of the region's largest stablecoins. Also, thanks to our amazing operations partners - from LPs to rebalancing support, we will officially commence processing live FX flows this week.

As Asian regulators and lawmakers advance new legislation, Ratio intends to emerge from stealth in Q3/Q4 and aggressively execute our corridor GTM.

[/Ratio @RatioFX]

For decades, cross-border payments in Asia have relied on correspondent banking, pre-funded accounts, and unnecessary FX conversions.

The next evolution is connecting local currencies through interoperable stablecoin infrastructure.

Read more from our CEO, @Iam_JohnCho , on why multi-currency stablecoins will power the next phase of cross-border payments across Asia. 👇

https://t.co/2boU2QyN0p

[/Ratio @RatioFX]

For decades, cross-border payments in Asia have relied on correspondent banking, pre-funded accounts, and unnecessary FX conversions.

The next evolution is connecting local currencies through interoperable stablecoin infrastructure.

Read more from our CEO, @Iam_JohnCho , on why multi-currency stablecoins will power the next phase of cross-border payments across Asia. 👇

https://t.co/2boU2QyN0p

[johncho.kaia (&/acc) @Iam_JohnCho]

Your gateway to institutional grade stablecoin-native FX.

[/Ratio @RatioFX]

We're excited to welcome @GravityTeam_co as a liquidity provider for Ratio, supporting our institutional infrastructure with deeper liquidity and more efficient execution.

With over $500 billion in cumulative spot trading volume and connectivity across 40+ exchanges, Gravity Team brings global liquidity and market making expertise to Ratio's growing network.
With the Gravity Team, we're improving:
• Institutional-grade liquidity access
• Faster and more efficient execution
• Cross-border digital asset transactions
• Connectivity across developed and emerging markets

As stablecoin and digital asset adoption accelerates, the infrastructure behind every transaction matters. Deep liquidity, reliable execution, and efficient cross-border connectivity will be essential to scaling institutional adoption.

Excited to build alongside Gravity Team.

[CoinMarketCap @CoinMarketCap]

LATEST: 🏦 Standard Chartered's Geoff Kendrick expects to see 10-20x more announcements within the next 3-12 months about TradFi institutions plugging into DeFi.