Tether has launched its flagship stablecoin, USDt, on Kaia blockchain, expanding access to over 196 million LINE users across Asia.
Tether, launched in 2014, has launched its flagship stablecoin, USDt, on the Kaia blockchain, marking a significant step in its partnership with LINE NEXT, the Web3 division of LINE—the popular messaging app used by over 196 million people across Asia.
With this integration, USDt will now be available within LINE’s blockchain ecosystem, including its Mini DApp platform and self-custodial wallet, allowing users to seamlessly engage in stablecoin-based payments, cross-border transfers, and decentralized finance (DeFi) services—all from the familiar LINE interface.
Posting on X, Paolo Ardoino, CEO of Tether said, “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”.
“Tether’s expansion to Kaia underscores its commitment to fostering stablecoin adoption across Asia and beyond”, he added.
The Kaia blockchain, which powers Line’s Mini DApps, offers low-latency transactions and immediate finality, making it a strong partner for stablecoin activity, according to Kaia DLT Foundation chair Sam Seo.
According to Coin Telegraph, Line’s Next CEO Youngsu Ko also claimed that stablecoin integration will help create a “dollar-based gateway” for users, to make Web3 services more practical and accessible to its consumers within Asia.
Tether’s USDT is the largest stablecoin in terms of market capitalization, with a circulating supply of over 149.4 billion tokens, according to data from CoinMarketCap.