Tether launches on Kaia, brings USD₮ to LINE’s 196M user ecosystem

Tether has deployed its flagship stablecoin, USD₮, on the Kaia blockchain as part of a broader collaboration with Line Next, the Web3 arm of Line, Japan’s popular messaging platform with over 196 million monthly active users. The integration means USD₮ (USDT) will now be supported across Line’s messenger-based Mini DApp ecosystem and self-custodial wallet, enabling users to interact with stablecoins inside an interface they already use daily, Tether said in a May 7 announcement. Line users will be able to use USD₮ for in-app payments, cross-border transfers and decentralized finance (DeFi) activities. “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 CEO Paolo Ardoino said, adding:“Tether’s expansion to Kaia underscores its commitment to fostering stablecoin adoption across Asia and beyond source: https://cointelegraph.com/news/tether-usdt-kaia-line-stablecoin-launch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound