Kaia, Tether, KakaoPay, and LINE NEXT Co-host Hackathon to Seize Leadership in KRW Stablecoin

Starting on 1 August 2025, Kaia DLT Foundation (Kaia) will co-host the first Korea Stablecoin Hackathon, with Tether, KakaoPay, and LINE NEXT Corp. This initiative demonstrates Kaia chain’s leadership role in the South Korean digital asset market as well as its strong partnerships that are advancing Asian stablecoin markets, including KRW-pegged ones, following recent regulatory progress that has boosted activity. To maximize collaboration between Web3 fintech developers and major enterprises, Kaia has partnered with top industry players such as Tether, the world’s largest USD stablecoin provider; KakaoPay, the native payment solution of KakaoTalk, which holds a 95% market share in South Korea; and LINE NEXT, LINE’s Web3 venture, delivering Kaia-powered Web3 services to 196 million users on LINE Messenger worldwide. The hackathon features two tracks: an “ideathon” focused on future KRW-backed stablecoin initiatives and a hackathon powered by the native USDT on the Kaia chain source: https://beincrypto.com/kaia-tether-kakaopay-and-line-next-co-host-hackathon/