Tether Launches USDT Stablecoin on LINE’s Kaia Blockchain to Boost Web3 Adoption in Asia

Stablecoin distributor Tether has launched its native token, USD Tether (USDT), on Kaia, a blockchain on LINE NEXT. The stablecoin company announced today via a May 7 press release. According to the publication, the move aims to bring stablecoin-oriented services directly to LINE Messenger, one of Asia’s leading messaging apps with over 190 million active users.

With the integration, users can transact USDT via LINE’s decentralised applications (Dapps). For context, LINE’s Dapps allow users to access features like in-app payments, cross-border transactions, and Decentralised Finance (DeFi) tools without leaving the LINE platform.

Beyond streamlined payments, the integration allows users to earn USDT by completing specified tasks in mini Dapps. Users can also send USDT to their friends using LINE’s built-in wallets. In addition, Tether noted that it plans to add new features that would facilitate broader USDT transactions across many mini Dapps.

Tether and Kaia Blockchain Executives React to the Integration

Dr. Sam Seo, Chairman of the Kaia DLT Foundation, reacted to USDT’s launch on the Kaia Blockchain. He noted that it would hasten the circulation of USD-based stablecoins in Asia. He added, “With the lowest transaction latency among EVM chains and immediate finality, Kaia’s USDT will provide the fastest, easiest, and most reliable user experience available across platforms such as LINE, DeFi, and CEXS.”

Similarly, Paolo Ardoino, Tether’s Chief Executive Officer (CEO), spoke on the integration. He said it would boost the accessibility of stablecoins across millions of mainstream users. “Through LINE NEXT’s blockchain infrastructure, over 200 million LINE users will now have a straightforward way to engage with digital assets in everyday life,” the CEO noted.

Disclaimer: This article is intended solely for informational purposes and should not be considered trading or investment advice. Nothing herein should be construed as financial, legal, or tax advice. Trading or investing in cryptocurrencies carries a considerable risk of financial loss. Always conduct due diligence before making any trading or investment decisions.

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