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

"Wine Olympics" returns to China as international expo opens

YINCHUAN, CHINA - Media OutReach Newswire - 11 June 2025 - The Fifth China (Ningxia) International Wine Culture and Tourism Expo opened Monday in Yinchuan, capital of northwest China's Ningxia Hui...

Hong Kong Hosts World’s Largest ISSCR Stem Cell Gathering for the First Time

Some 2,400 stem cell and regenerative medicine pioneers convene to chart new frontiers, resulting from bidding efforts of Hong Kong Convention Ambassadors of the Hong Kong Tourism Board HONG K...

De Beers launches ‘Ombré Desert Diamonds’ jewellery beacon and ‘Origin, De Beers Group’ polished diamonds

First ‘beacon’ product in more than a decade will support category demand for natural diamonds, while Origin initiative will differentiate De Beers-sourced polished diamonds Rapid delivery of Origi...

VinUni sets its sights on world’s top 100 universities – Recruiting 500 leading scholars worldwide

HANOI, VIETNAM - Media OutReach Newswire - 9 June 2025 - VinUniversity (VinUni) has officially unveiled its second-phase development strategy, with the ambitious vision of becoming one of the worl...

Empowering the SDGs through Journalism

2025 Sustainable and Constructive News Awards Now Open for Entries TAIPEI, TAIWAN - Media OutReach Newswire - 12 June 2025 - The 2025 Sustainable and Constructive News Awards are now officially op...

Global Tourism Elites Gather for "Night of Hainan"

SANYA, CHINA – Media OutReach Newswire – 9 June 2025 – On June 7, more than 450 global tourism industry representatives met in Sanya, China, for the Night of Hainan Tourism Promotional Event, wher...

Global Tourism Elites Eye New Opportunities in Hainan, China

SANYA, CHINA - Media OutReach Newswire - 10 June 2025 - On June 8, the Overseas Tour Operators Hainan Tour 2025 was inaugurated in Sanya, China, and more than 450 tourism industry representatives ...

Gother upgrades tourism platform, targeting next-gen travelers and a top 3 spot in Thailand’s travel market by 2027

BANGKOK, THAILAND - Media OutReach Newswire - 10 June 2025 – Gother, a tourism service platform, operated by Search Engine Optimization, a joint venture between Beacon Venture Capital (venture arm...

Vinmec performs its first total femoral replacement for world's youngest cancer patient

HANOI, VIETNAM - Media OutReach Newswire - 11 June 2025 - Vinmec Healthcare System has successfully performed a Total Femoral Replacement (TFR) surgery using personalized 3D printing material...

Wildberries plans to build a $150 million warehouse in Uzbekistan

TASHKENT, UZBEKISTAN – Media OutReach Newswire – 12 June 2025 – Wildberries, a leading e-commerce platform in Eurasia, plans to spend $150 million on building a flagship warehouse in Uzbekistan to...

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...

Deputy Launches Payroll in Australia: Purpose Built for Shift-Based Businesses

Deputy, the global people platform purpose-built for shift work, officially launched Deputy Payroll in Australia today — a seamless experience desig...

How Notion is Addressing Australia's Tech Bloat and Productivity Challenges

In Australia's rapidly evolving digital landscape, businesses are facing an unexpected challenge : tech bloat. This phenomenon is causing a signific...

Konica Minolta Australia partners with Box to drive Intelligent Content Management

Konica Minolta Australia has announced a strategic partnership with Box, the leader in Intelligent Content Management, to deliver a transformative...

TP Leverages AI for Accent-Translation to Improve Customer Engagement

Global digital business services provider Teleperformance (TP) is leveraging AI voice technology to improve communication between customers and se...

Sell by LayBy