Non-fungible token collections are transforming numerous sectors by creating verifiable digital ownership, enabling new business models, and enhancing transparency and traceability through blockchain technology. In [...]Non-fungible token collections are transforming numerous sectors by creating verifiable digital ownership, enabling new business models, and enhancing transparency and traceability through blockchain technology. In [...]

LINE NEXT And Kaia Unveil Stablecoin Superapp To Simplify Cross-Border Payments Across Asia

2025/09/22 18:09

LINE NEXT and Kaia announced plans to launch a stablecoin-powered superapp later this year on LINE’s Dapp Portal to streamline payments across Asia.

The app is designed to make stablecoin use simple for both online and offline payments. Users can send and receive money directly through LINE’s messaging features, making transactions faster and more convenient.

The superapp will run inside LINE Messenger and on the Dapp Portal, connecting more than 100 decentralized apps for easy access. Users will be able to deposit stablecoins to earn instant rewards and make global transactions. It will also offer fiat on- and off-ramps for smooth currency conversion through Kaia’s blockchain.

“We have seen both the need and potential for stablecoins,” said Youngsu Ko, CEO of LINE NEXT. “Our goal is to grow Asia’s stablecoin ecosystem with a super app that is simple and safe for everyone to use.”

Unify Superapp Will Simplify Stablecoin Payments Across Asia

This announcement follows the January 2025 launch of Mini Dapps, which the companies say has already brought in over 130 million new users.

Kaia, a Layer 1 blockchain, and LINE NEXT, the Web3 arm of messaging giant LINE, said they will also release a Unify SDK for two groups: stablecoin issuers, who can distribute tokens globally to increase liquidity and use, and app developers, who can add stablecoin features to their apps.

According to a statement, the Unify app will launch its beta later this year as both a standalone Kaia service and a Mini Dapp powered by LINE NEXT.

It will support stablecoins pegged to the US dollar and other major currencies, including the Japanese yen, Thai baht, Korean won, Indonesian rupiah, Philippine peso, Malaysian ringgit, and Singapore dollar.

Sam Seo, chairman of the Kaia DLT Foundation, added that a key feature is the stablecoin orchestration layer. He noted that Asia’s payment systems are still fragmented, and Kaia wants to bring them together to support cross-border financial inclusion.

Market Opportunity
CROSS Logo
CROSS Price(CROSS)
$0.12894
$0.12894$0.12894
-0.92%
USD
CROSS (CROSS) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
PA Daily | Moonshot launches New XAI gork ($gork); analysis shows that Trump’s crypto assets account for about 40% of his total assets

PA Daily | Moonshot launches New XAI gork ($gork); analysis shows that Trump’s crypto assets account for about 40% of his total assets

CryptoQuant predicts three future trend scenarios for Bitcoin: in an optimistic scenario, it will rise to $150,000 to $175,000; Binance Alpha will launch Anon, BEETS and SHADOW; Moonshot announced the launch of New XAI gork ($gork).
Share
PANews2025/05/01 17:30
XRP ETF’s bereiken belangrijke mijlpaal: $1 miljard aan netto instroom

XRP ETF’s bereiken belangrijke mijlpaal: $1 miljard aan netto instroom

De markt voor crypto-exchange-traded funds (ETF’s) heeft opnieuw een belangrijke mijlpaal bereikt. XRP ETF’s hebben gezamenlijk meer dan 1 miljard dollar aan netto
Share
Coinstats2025/12/16 21:01