Kaia, Tether, and LINE NEXT jointly held a hackathon to launch a DeFi mini Dapp based on Kaia USDt for LINE's global users.

CN
3 days ago

The winning teams will launch in the form of Mini Dapps, allowing users to experience stablecoin trading, staking, yield, and other functions within LINE, while connecting to Kaia's powerful Web3 ecosystem and business network.

  • Event Focus: DeFi projects based on Kaia USDt and other stablecoins will have the opportunity to land in the "Dapp Portal" of LINE Messenger, which has 194 million monthly active users, in the form of Mini Dapps.

  • Prizes and Investment: A total prize pool of $170,000, along with a maximum of $1 million in venture capital matching opportunities (a total of $1.17 million in support).

  • Global Parallel: Kaia, Tether, and LINE NEXT will simultaneously hold two stablecoin-themed hackathons to support developers worldwide.

Starting from August 25, 2025, the Kaia DLT Foundation (Kaia) will co-host the "Kaia Wave Stablecoin Summer Hackathon" with Tether and LINE NEXT Corp. This event aims to select outstanding and viable Kaia USDt and stablecoin DeFi projects and assist them in landing in the "Dapp Portal" ecosystem of LINE Messenger, which has 194 million monthly active users.

The winning teams will launch in the form of Mini Dapps, allowing users to experience stablecoin trading, staking, yield, and other functions within LINE, while connecting to Kaia's powerful Web3 ecosystem and business network. This event is also linked to the Kaia Wave Season 2 ecosystem plan, providing ongoing support for Mini Dapp builders.

The total support amount for the hackathon reaches $1.17 million: this includes a $170,000 cash prize pool and a $1 million investment quota for ten outstanding projects. Starting today, developers can register through the Dorahacks hackathon page (dorahacks.io/hackathon/kaia-stablecoin-summer/detail).

On August 25, the organizers will hold an offline launch event at WebX in Tokyo; the final roadshow will take place online on September 30.

Kaia's ecosystem partners, including Cicada, Dune Analytics, CertiK, ANKR, Hacken, Animoca Brands, Caladan, and SNZ Holding, will act as sponsors, providing incentives and resource support for top Dapp teams worldwide. For more details, please follow Kaia's official website and social media (https://x.com/KaiaChain).

LINE NEXT CEO Youngsu Ko stated, "This hackathon is the starting point for the global expansion of stablecoin applications. LINE NEXT will work with Tether and Kaia to support innovative business models and accelerate the adoption of Web3 services and stablecoins."

Dr. Sam Seo, Chairman of the Kaia DLT Foundation, stated, "Once again partnering with Tether and LINE NEXT, we will bring global stablecoin DeFi projects to Kaia and develop them into Mini Dapps for millions of LINE users. Through a series of developer events, we look forward to discovering disruptive applications that lead the Kaia ecosystem and growing together with developers."

In addition to this event, Kaia will also launch another "Korea's First Stablecoin Hackathon" with Tether, KakaoPay, and LINE NEXT on August 4, 2025, with both events running in parallel (registration: https://www.kaia.io/korea-stablecoin-hackathon).

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