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Kaia and LINE Next will conduct an internal test of the "Compliance Stablecoin Super App" within LINE.
Odaily News The public chain Kaia, formed by the merger of Kakao's Klaytn and LINE's Finschia, announced a collaboration with LINE Next to launch a stablecoin-driven super application "Project Unify" within LINE Messenger, with a beta version expected to go live this year. The application targets nearly 200 million monthly active users in Japan, Taiwan, and Thailand, providing services such as payments, cross-border remittances, stablecoin yields, fiat and digital asset exchanges, and access to over 100 decentralized applications. Seo Sangmin, chairman of the Kaia DLT Foundation, stated that the platform aims to create a "universally compliant" stablecoin and Web 3 super application, which will support various regional currencies in the future, including Japanese Yen, South Korean Won, Thai Baht, Indonesian Rupiah, Philippine Peso, Malaysian Ringgit, Singapore Dollar, and US Dollar, to address the fragmentation of payment systems in Asia. (Decrypt)