Kaia's native USDT has landed in tourist spots in South Korea, supporting cash exchange and transportation card services.

CN
1 day ago

This service is specially designed for tourists visiting South Korea and K-pop enthusiasts.

The Kaia DLT Foundation (Kaia) announced that the blockchain fintech company DaWinKS officially supports the issuance of USDT by Kaia, which can be used at its digital ATMs (DTM) located at major tourist landmarks across South Korea. This service is tailored for tourists heading to South Korea and K-pop fans, allowing users to withdraw cash (local currency) directly from their Kaia USDT deposits or obtain a prepaid transportation card through this offline digital asset deposit and withdrawal channel, achieving a seamless connection between virtual assets and real-world payment scenarios.

DaWinKS DTM employs passport scanning and facial recognition authentication technology, utilizing the identity verification solution used at South Korean airport immigration. After completing KYC, users can withdraw digital assets or activate a prepaid card by scanning a barcode or QR code on the device, supporting 85 fiat currencies from 15 countries. Before departure, users can also exchange any remaining cash for US dollars. The exchange rate for digital assets is calculated based on real-time rates daily.

Currently, the DTM supporting Kaia USDT has covered seven popular landmarks in South Korea: N Seoul Tower, Homeplus (Hogye and Centum City stores), Lotte Mart (Gwangbok store), LIFEWORK Myeongdong flagship store, Myeongdong Money Club, and Namdaemun Exchange Café. This service will also be gradually promoted in major Lotte Mart stores nationwide.

At present, this service is only open to foreign users, with plans to expand to local consumers in South Korea within the year for broader user coverage.

Since the end of last year, DaWinKS's DTM devices have supported three mainstream digital assets: Bitcoin, Ethereum, and the stablecoin USDT. The integration of Kaia USDT marks a further deepening of the collaboration between DaWinKS and Kaia. Both parties are also actively promoting the inclusion of Kaia's native asset $KAIA into the DTM service system.

DaWinKS CEO Jong-myeong Lee stated, "Based on our experience in currency exchange, cryptocurrency ATMs, and QR code payments across multiple fintech fields, DaWinKS is continuously expanding the practical application scenarios for stablecoins. Our collaboration with Kaia will help promote the widespread use of stablecoins in Asia. Kaia works closely with mainstream Web3 and fintech companies such as Tether and LINE NEXT, and this collaboration will inject significant momentum into the global layout of DTM."

Kaia DLT Foundation Chairman Dr. Sam Seo added, "The collaboration with DaWinKS is an important milestone in promoting the real-world application of Kaia's native USDT and the upcoming local stablecoin. We expect that as users' understanding and acceptance of stablecoins increase, the actual demand for cross-border exchange, deposits, and withdrawals will also grow simultaneously. Kaia will work with DaWinKS to expand DTM services to a broader range of domestic and international scenarios."

For more information about DaWinKS DTM devices, please visit the CoinATMTrader platform:

https://coinatmradar.com/bitcoin_atm/93664/bitcoin-atm-seoul-money-club-myeongdong/

About DaWinKS

DaWinKS operates an advanced digital ATM (DTM) system that combines passport recognition and AI facial recognition technology to provide contactless, self-service fintech solutions. Through this system, users can perform direct exchanges of 89 fiat currencies from 17 countries, city tax refunds, and overseas remittances (escrow), among other operations.

DaWinKS has created a digital service ecosystem specifically for foreign tourists, including its own digital ATMs (DTM), cryptocurrency ATMs (CTM), QR code payments and POS terminals, passport scanners, and other blockchain-driven fintech products. Currently, this system has covered several major commercial areas in South Korea, providing tourists with a non-face-to-face currency exchange experience, and has partnered with Kona to launch a prepaid transportation card (Kona DTK card) service, collaborating with Global Tax Free to offer tax refund services, significantly enhancing travel convenience for overseas users.

About Kaia

Kaia is a high-performance public chain platform aimed at bringing Web3 experiences to hundreds of millions of users in Asia. The project was formed by the merger of Klaytn, originally under Kakao, and Finschia, under LINE, and has now become the largest Web3 ecosystem in Asia, deeply integrated into the two major super communication platforms, KakaoTalk and LINE, covering over 250 million users. With Kaia, users can easily access the Web3 world at Web2 speed and convenience on familiar social platforms, enabling connection, creation, collaboration, and ecosystem co-construction.

For more information, please visit: www.kaia.io

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