Tether has launched its stablecoin USD₮ on the Kaia blockchain, collaborating with Line Next, the Web3 division of Japan's Line messaging platform, which boasts over 196 million monthly active users. This integration allows Line users to utilize USD₮ for in-app payments, cross-border transfers, and decentralized finance (DeFi) activities through Line's user-friendly Mini DApp ecosystem and self-custodial wallet. Tether's CEO, Paolo Ardoino, emphasized that this launch reflects Tether's commitment to promoting stablecoin adoption in Asia. The initial features will enable mission-based USDT rewards within Mini DApps and peer-to-peer transfers via Line’s wallet. The Kaia blockchain is highlighted for its low-latency transactions, enhancing the stability and reliability of the USD₮ experience for users. Line Next's CEO noted that this integration aims to simplify access to Web3 services for everyday users, creating a more practical dollar-based gateway. With a market cap of over $149.4 billion, USDT remains the largest stablecoin, and Tether is actively minting new tokens to support its growing ecosystem.

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