TechFlow news, September 22 — The Kaia DLT Foundation announced a collaboration with LINE NEXT, the venture arm of LINE focused on expanding the Web3 ecosystem, to launch a stablecoin-powered Web3 super app. The project, temporarily named "Project Unify," plans to roll out its beta service within this year, followed by consumer-centric Web3 and fintech features such as stablecoin yield, payments, remittances, on/off-ramp channels, and Web3 applications.
Unify will operate as a standalone service powered by Kaia and as a Mini DApp managed by LINE NEXT. Users can experience an innovative real-time rewards system simply by depositing stablecoins into their wallets. They can also send stablecoins to anyone via messaging, make payments at online and offline merchants globally, and earn rewards. Additionally, Unify will offer an unprecedentedly broad range of on/off-ramp solutions, enabling easy access for everyone to enjoy over 100 Web3 applications and additional incentives.
Unify will also consolidate multiple regional currencies onto one platform to address emerging stablecoin competition in Asia. The platform aims to support stablecoins pegged to the US dollar, Japanese yen, Thai baht, Korean won, Indonesian rupiah, Philippine peso, Malaysian ringgit, and Singapore dollar. By integrating a diverse stablecoin market, Kaia positions itself as a gateway to issuance, payment, and yield opportunities across Asia.
Furthermore, Unify plans to provide the Unify SDK for stablecoin issuers and application developers. Stablecoin issuers can easily launch offerings in cross-border markets to expand usability and generate liquidity, while application developers can seamlessly integrate stablecoin-related functionalities into their apps.
