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From August 1, 2025 to August 1, 2025, KAIA DLT Foundation (KAIA) will co-sponsor Tether, Kakao Pie, and Linenext Corporation and Tether, Kakao Pie, and Linenext Corporation and Tether, Kakao Pie, and Linenext Corporation and Tether, Kakao Pie, and Linenext Corporation, and the first Korean Stabre Coin Hakkan. Boost activities.
To maximize collaboration between Web3 Fintech developers and major companies, Kaia has partnered with players from top industries such as Tether, the world’s largest Stablecoin provider. Kakaopay, Kakaotalk’s native payment solutions hold a market share of 95% in Korea. Second, Line, a Line Web3 venture, will provide Kaia-powered Web3 services to 199 million users on Line Messenger worldwide.
Hackathon has two tracks focused on “Ideathon,” which focuses on future KRW-backed Stablecoin initiatives, and hackathons featuring the Kaia chain’s native USDT. In addition to raising a prize of USD 72.5,000 (KRW 100 million), Kaia will support top performers and launch a mini-dup within Line Messenger. Kaia Wave VC Alliances and Simsan Ventures is a global venture capital firm based in the UK and UAE, reviewing promising builders for potential investments.
Meanwhile, Biyard, a web-3 company that runs a decentralized, purpose-driven social platform, has facilitated collaboration between industry, academia and government. Thus, MP Byung Daeok Min proposed the first bill of the Basic Act on Digital Assets in Korea (2025) – giving a keynote speech at the September award event.
“We’re looking forward to seeing you in the future,” said Geon Shin, CEO of Kakaopay. “We hope that ideas from the Hackathon will lead to more innovative services for users who are in line with the policy environment.”
“This hackathon shows a starting point for invigorating the use of stubcoin,” said Youngsu Ko, CEO of the line.
Dr. Sam Seo, chairman of the Kaia DLT Foundation, said: “The cooperation of those involved in our joint efforts ensures that the domestic stubcoin sector is seamlessly established. Through this hackathon, Kaia discovers the digital asset fintech industry as another growth engine for Korea, and an exceptional Web3 business model that is beneficial to everyone.”
For those interested in Stablecoins and Web3, we will focus on financial inclusion, innovation in payment systems, RWA tokenization, DAO operational efficiency, cross-border remittances and digital content transactions. More information is available on Kaia’s official website (kaia.io) and its social media channels (@kaiachain_kr).
About Tethers and USD ₮
Tether is a pioneer in the field of Stablecoin Technology, which aims to revolutionize the global financial environment. It has a mission to provide accessible and efficient financial, communication, artificial intelligence and energy infrastructure. Tether allows greater financial inclusion and communication resilience, drives economic growth and strengthens individuals and businesses alike.
As the largest and most transparent and liquid stubcoin creator in the industry, Tether is dedicated to building sustainable and resilient infrastructure for the benefit of underserved communities. By leveraging cutting-edge blockchain and peer-to-peer technology, we are committed to bridge the gap between traditional financial systems and the possibilities of decentralized finance.
About Kakaopay
Released in April 2017, Kakao Pay is a TechFin subsidiary of Kakao, creating a convenient and secure lifestyle financial platform that can be used with the Kakaotalk and Kakao Pay apps, creating a transition to a walletless society where people can engage in economic activity anywhere, with their smartphones alone.
Since launching its first mobile simple payment service in Korea in 2014, it has achieved remarkable growth by offering innovative lifestyle financial services that solve the inconveniences of existing financial activities such as online and offline payments, remittances, membership, invoices and authentication. Starting with investment services in November 2018, we are expanding our financial services to everyone by introducing specialized financial services such as credit checks, loan comparisons and asset management. In 2023 and 2024, we will launch loan switching and insurance comparison services to create a lineup that covers all of our users’ diverse financial needs. As a representative global pay service in Korea, cacao salary is actively expanding its territory overseas. It currently connects payment services to more than 50 foreign countries and regions, including Asia, Europe and the United States, beyond Korea. Through its subsidiary Kakao Pay Exturity, it offers convenient investment and asset management services such as funding and minisafe in everyday life, and Kakao Pay Insurance, Korea’s first platform-based digital comprehensive insurance company, is leading the changes in the insurance market by users attempting innovative changes such as specified coverage.
To create a world where various stakeholders can coexist, Kakao Pay promotes a variety of activities that add cacao benefits in the areas of environmental, social and governance under the ESG vision of “beneficial flows, flexible finance.” In particular, Kakao Pay is carrying out coexistence activities, ensuring that everyone enjoys digital finance and achieves sustainable growth together, regardless of the digital information gap. We run a variety of programs that are beneficial to both parties, targeting members of society in the blind spot of digital finance, including seniors and young people preparing for independence. We also have contacted the Cacao pay business to spread positive influence across the local community and create a service that incorporates a variety of ESG elements to create a positive cycle structure for ESG management.
About Line Next Corporation
Line Next Corporation is based in Korea with offices in the US and Japan, and focuses on global services and corporate development based on Web3 and games.
About Kaia
Kaia is a high-performance public blockchain that brings Web3 to hundreds of millions of fingertips across Asia. Kaia was formed by the merger of Klaytn and Finschia blockchains, originally developed by Kacao and Line, and Kaia is Asia’s largest Web3 ecosystem integrated with Cacao Talk and Line Messenger, with a user base combined with a combined user base of over 250 million people. Ecosystem. For more information, please visit www.kaia.io.
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