Deep Tide TechFlow News, July 18, according to South Korean media Naver News, Kaia will partner with Tether, KakaoPay, and LINE NEXT to officially launch the first 'Korean Stablecoin Hackathon' on August 1. This event focuses on two directions: the KRW Stablecoin Ideathon and the Kaia-USDT Hackathon, aiming to promote the development of compliant stablecoins and Web3 fintech in South Korea.

Participants will have the opportunity to publish Mini dApps on LINE Messenger, which has 196 million users, and gain access to VC evaluation opportunities provided by Simsan Ventures and Kaia Wave, with a total prize pool of up to $72,500.