Business Daily Media

Men's Weekly

.

LINE NEXT and Kaia Expand Web3 and Stablecoin Adoption Across Asia Following a Native Deployment of Tether’s USD₮ on Kaia Blockchain

ABU DHABI, UAE - Media OutReach Newswire - 14 May 2025 - Tether, the largest company in the digital assets industry announced it has created a native deployment of Tether's USD₮ on the Kaia blockchain – layer 1 blockchain that exclusively powers the Web3 Mini Dapp accessible within LINE Messenger by LINE NEXT.

The collaboration is expected to deliver USD stablecoin offerings to more than 200 million Asia's mainstream LINE users, enhancing the everyday application of digital assets.


Over 200 million LINE users will be able to utilize USD₮ for transactions right within the app without the need for any third party
Over 200 million LINE users will be able to utilize USD₮ for transactions right within the app without the need for any third party

LINE NEXT Inc. is LINE's venture dedicated to developing and expanding the Web3 ecosystem. Currently, Kaia is exclusively powering the Mini Dapp and Dapp Portal ecosystem accessible within LINE Messenger. As part of this collaboration, USD₮ will be supported across LINE's messenger-based Mini Dapp platform and self-custodial wallet infrastructure. As a result, by launching USD₮ on Kaia's rapidly growing Web3 ecosystem, Tether broadens access to stable transactions of the world's largest stablecoin to LINE's 200 million monthly active user base. Meaning, users will be able to utilize USD₮ across Mini Dapps for in-app payments, cross-border transfers, and decentralized finance (DeFi) activities, all within the familiar LINE environment.

Mini Dapps built on the Kaia blockchain are set to introduce a wide range of features powered by USD₮, offering users a seamless digital asset experience within LINE Messenger.

Key features of LINE NEXT's USD₮ initiatives include:

  1. Users can complete missions within various Mini Dapps and receive rewards in USD₮.
  2. Users can conveniently send and receive USD₮ with friends directly through the in-app wallet on LINE Messenger.
  3. Additional features under consideration by LINE NEXT include integrating USD₮ into Mini Dapp

The cryptocurrency market in Asia and Southeast Asia is experiencing rapid growth, emerging as a global hub for crypto adoption and trading. In Vietnam, Triple-A concluded Vietnam holds the second largest cryptocurrency market in ASEAN, with 21.2% of the population – around 20 million people, adopting crypto. In 2024, Vietnam ranked 5th globally in interest in digital assets, 3rd in using international trading platforms, and 6th in decentralized exchange (DEX) trading volume according to Chainalysis.

Among digital assets, USD₮ is widely used stablecoins by investors in cryptocurrency transactions, thanks to its price stability, high liquidity, and flexible convertibility. USD₮ is also widely supported by popular wallets such as Trust Wallet, Metamask, and locally used exchange wallets in Vietnam such as Remitano, ONUS.

With a large and growing user base, this partnership is expected to serve as a gateway for millions of everyday users across key markets in Asia, including Vietnam, to access on-chain finance.

"Tether's native launch on Kaia is another step toward making stablecoins accessible to millions of mainstream users," said Paolo Ardoino, Tether's CEO. "Through LINE NEXT's trusted blockchain infrastructure, over 200 million LINE users will now have a straightforward way to engage with digital assets in everyday life. Tether's expansion to Kaia underscores its commitment to fostering stablecoin adoption across Asia and beyond."

"Tether's decision to natively launch USD₮ on Kaia will accelerate the spread of high-end USD-backed stablecoins in Asia, furthering our hybrid payment solutions in collaboration with LINE NEXT," said Dr. Sam Seo, Chairman of Kaia DLT Foundation. "With the lowest transaction latency among EVM chains and immediate finality, Kaia's USD₮ will provide the fastest, easiest, and most reliable user experience available across platforms such as LINE, DeFi, and CEXs."

"LINE NEXT's adoption of USD₮ will help establish a dollar-based gateway in Asia," said Youngsu Ko, CEO of LINE NEXT. "By integrating stablecoin-powered services, we aim to bring Web3 services closer to users' everyday experience."
Positioned as a strategic gateway for USD-backed stablecoins in Asia, Kaia and LINE NEXT aim to facilitate the widespread circulation of USD₮ and lay the groundwork for USD₮-enabled Web3 services in the region.

The integration of Tether's market leading stablecoin into Kaia's robust blockchain and DeFi ecosystem streamlines on/offramps for fiat-to-digital asset conversion and helps drive LINE NEXT's broader Web3 ambitions.

By bringing together LINE's mainstream reach, Kaia's blockchain scalability, and USD₮'s liquidity, this collaboration sets the stage for deeper financial inclusion and practical Web3 applications across Asia's most active markets, including Japan, Thailand, and Taiwan.Hashtag: #Kaia #USD₮

The issuer is solely responsible for the content of this announcement.

About Tether and USDt

Tether is a pioneer in the field of stablecoin technology, driven by an aim to revolutionize the global financial landscape. With a mission to provide accessible and efficient financial, communication, artificial intelligence, and energy infrastructure. Tether enables greater financial inclusion, and communication resilience, fosters economic growth, and empowers individuals and businesses alike.

As the creator of the largest, most transparent, and liquid stablecoin in the industry, Tether is dedicated to building sustainable and resilient infrastructure for the benefit of underserved communities. By leveraging cutting-edge blockchain and peer-to-peer technology, it is committed to bridging the gap between traditional financial systems and the potential of decentralized finance.

About Kaia

Kaia is a high performance public blockchain that brings Web3 to the fingertips of hundreds of millions across Asia. Formed through the merger of the Klaytn and Finschia blockchains that were initially developed by Kakao and LINE respectively, Kaia is Asia's largest Web3 ecosystem integrated with the Kakaotalk and LINE messengers that have a combined user base of over 250 million - all of whom can experience Web3 with the ease and speed of Web2 within their favourite messenger superapp to connect, create, collaborate, and contribute to the ecosystem. Learn more at .

About LINE NEXT Inc.

Based in the United States, LINE NEXT Inc. is focused on growing the global Web3 business. Through building a Web3 ecosystem, LINE NEXT aims to provide new digital experiences and lead the way into the future.

Mini Dapp

Mini Play, Big Reward! Experience seamless Web3 integration with Mini Dapp on LINE Messenger. Mini Dapp makes blockchain accessible to everyone, ensuring smooth onboarding, transactions, and rewards through Kaia's blockchain infrastructure.

Mini Dapp Platform: Dapp Portal -

News from Asia

HKSTP Delegation Debut at VivaTech 2025 Paris

Bridging French and Hong Kong innovation ecosystems to supercharge global tech development HONG KONG SAR / PARIS,FRANCE - Media OutReach Newswire - 13 June 2025 - Hong Kong Science and Technology ...

Juyeon Lee, Head of Xsolla APAC: "Xsolla Buy Button Designed to Reduce Friction and Drive More Revenue Online"

Surge in New Partnerships Across Japan and India Reflects Growing Interest in Alternative Payments SEOUL, SOUTH KOREA - Media OutReach Newswire - 13 June 2025 - Game developers increasingly seek w...

China's wine market uncorks consumption vitality

YINCHUAN, CHINA - Media OutReach Newswire - 13 June 2025 - In an exhibition hall at an expo in Yinchuan, the capital of northwest China's Ningxia Hui Autonomous Region, the rich aroma emanating fr...

Anchor Pastry Challenge 2025 Crowns Malaysia's Next-Gen Pastry Talent

5 Finalists Each in the Bread & Viennoiseries and Cake Categories Compete for Top Honours SELANGOR, MALAYSIA - Media OutReach Newswire - 13 June 2025 - The Anchor Pastry Challenge 2025, organ...

Visa advances digital payments in Vietnam with Cashless Day 2025 and innovative payment solutions

Strategic partnerships and nationwide events make cashless payments more accessible and beneficial for all Vietnamese consumers The new Click to Pay solution, seamless e-wallet in...

Lee Gardens Presents "Celebrate Every Bite": A Joyful Culinary Celebration

Six Premier Restaurants Unveil New Exclusive Menus From Michelin-Starred Favorites to Japanese Artisanal Gems Complimentary Décor & Crystal Balloons | Up to 50% Dining Offers and 13% Rewards ...

Our Water Season 2 Launches in London, Advancing Shanghai-London Dialogue on Future Waterfronts

SHANGHAI, CHINA - Media OutReach Newswire - 13 June 2025 - The second season of Our Water: Flowing from Shanghai – Intercultural Dialogues Among World Cities officially launched on June 10 along t...

Citri Mobile Expands IRP-Certified iPhone Repairs with New Singapore Outlet in Tampines

SINGAPORE - Media OutReach Newswire - 13 June 2025 - Mobile devices play a vital role in Singapore's infrastructure, supporting communication, education, logistics, and work-related functions. As ...

Hong Kong International Automotive & Supply Chain Expo Kicks Off: "Phoenix Go Glocal" Empowers Auto Enterprises on a "New Journey" of Global Expansion

HONG KONG SAR - Media OutReach Newswire - 13 June 2025 - The 2025 International Automotive Supply Chain Expo (Hong Kong), co-hosted by the China Association of Automobile Manufacturers, Hong Kong ...

2025 Beijing CBD Forum Annual Conference Kicks Off

BEIJING, CHINA - Media OutReach Newswire - 13 June 2025 - On June 11, the 2025 Beijing CBD Forum Annual Conference commenced, held concurrently with the United Nations Development Programme (UNDP)...

How reducing revenue leakage could help your business stay in the black in FY2026

It’s time to stop legacy revenue management platforms and processes draining your profitability. Is boosting the bottom line an overarching goal ...

Technical Debt Stifling Path to AI Adoption for Global Enterprises

Outdated legacy technologies costing organisations the ability to innovate, money, time and potentially, even customers Technical debt and an ov...

Attract. Impress. Keep. The new small business growth playbook

Running a small business is a marathon that often feels like a sprint. You are chasing leads, juggling admin, building a brand and trying to carve...

Amazon to expand data centre infrastructure in Australia and strengthen AI

Amazon has announced plans to invest a new total of AU$20 billion from 2025 to 2029 to expand, operate, and maintain its data centre infrastructur...

How AI is Reshaping Banking in Australia

AI in the Banking and Financial Services Industry  From fraud detection and credit scoring to personalised financial advice, AI is transforming t...

Tracksuit set for growth after $38M investment

Tracksuit Raises $38M Series B to Accelerate Global Expansion and Boost its Growing US Presence VMG Partners leads oversubscribed round; Tracksui...

Sell by LayBy