Kaia and LINE Next will test a “compliant stablecoin super app” on LINE

In comparison, Kaia, a public chain formed by merging Kakao's Klaytn with LINE's Finschia, announced that it will collaborate with LINE Next to launch the stablecoin-driven super app “Project Unify” within LINE Messenger. The beta version is expected to launch within this year. The app targets nearly 200 million monthly users in Japan, Taiwan, and Thailand, and provides services such as payments, cross-border remittance, stablecoin earnings, fiat and digital asset exchanges, and access to over 100 decentralized applications. Seo Sangmin, chairman of the Kaia DLT Foundation, said that the platform aims to create a “universally compliant” stablecoin and Web 3 superapplication. In the future, it will support various regional currencies including Japanese yen, Korean won, Thai baht, Indonesian rupiah, Philippine peso, Malaysian ringgit, Singapore dollar and US dollar to address the fragmentation of the Asian payment system. (Decrypt)