crypto.news 2025-05-07 11:34:40

Tether launches USDT on LINE-backed Kaia to boost stablecoin use in Asia

LINE NEXT and stablecoin issuer Tether will bring USDT payments and rewards to new users in Asia through LINE Messenger and Kaia blockchain. Stablecoin giant Tether ( USDT ) has rolled out its USDT stablecoin on the Kaia blockchain , expanding its reach to users of LINE Messenger, a popular Korean social media platform. According to a Wednesday press release , the partnership enables over 196 million monthly users of LINE to access and use USDT for payments, rewards, and decentralized finance directly within the app. Tether’s CEO Paolo Ardoino says that 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.” “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.” Sam Seo, chairman of Kaia DLT Foundation You might also like: Tether holds more than 7.7 tons of gold backing its XAUT token Per the announcement, USDT will be integrated with LINE’s Mini Dapps and self-custodial wallet. With the partnership, users will be able to complete in-app tasks and earn rewards in the USDT stablecoin, send and receive the token with friends. The move coincides with Tether’s increased lobbying efforts in Washington, D.C., aimed at influencing crypto regulation as pro-crypto sentiment grows under President Donald Trump. As crypto.news reported earlier, Tether is planning to launch a U.S.-based dollar-pegged stablecoin by the end of 2025. Ardoino earlier implied that the launch could happen by year-end or early 2026, depending on the outcome of pending legislation. Read more: Tether’s upcoming AI platform set to integrate Bitcoin and USDT payments