Kaia, LINE NEXT to bridge Asia's fragmented markets with stablecoin super app

Kaia DLT Foundation and LINE NEXT are teaming up to launch a super app designed to unify Asia's fragmented financial landscape through stablecoins pegged to local currencies, the two companies said Monday. A super app provides a marketplace of services and offerings delivered via in-house technology and through third-party integrations. "We aim to connect Asia through stablecoins," Seo Sang-min, chairman of Kaia DLT Foundation, said at a press meeting Monday. "Asia, home to about 50 countries, is one of the most fragmented regions in the world." Kaia is a blockchain platform formed in 2024 through the merger of Klaytn, developed by Kakao, and Finschia, created by LINE Tech Plus, a Naver affiliate. It is also one of the 10 global blockchain platforms where USDT (Tether) has been onboarded. Tentatively named Project Unify, the beta service will be launched later this year. It is designed to integrate and support stablecoins pegged to various national currencies, including the Korean won (projected to take shape), U.S. dollar, Japanese yen, Thai baht, Indonesian rupiah, Philippine peso, MalWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times