USDT Strengthens Asian Market Footprint with Kaia Blockchain Integration
Tether’s USDT stablecoin has taken a significant step in expanding its presence across Asia by integrating with the Kaia blockchain, a Layer 1 network launched in August 2024. This strategic move is set to enhance stablecoin adoption in the region, particularly within the LINE ecosystem, by enabling USDT functionality in LINE’s Mini Dapp platform and self-custodial wallet. The integration promises to unlock new utilities for the digital dollar, further solidifying USDT’s role in the evolving cryptocurrency landscape.
Tether Expands USDT Presence in Asia with Kaia Blockchain Integration
Tether’s USDT stablecoin has officially launched on the Kaia blockchain, a Layer 1 network introduced in August 2024. This strategic deployment aims to accelerate stablecoin adoption across Asia, particularly within the LINE ecosystem.
The integration will enable USDT functionality in LINE’s Mini Dapp platform and self-custodial wallet, creating new avenues for digital dollar utility. "Tether’s stablecoin will power Mini Dapps and more, unlocking a new era of digital dollar utility across Asia," the company stated in its announcement.
This move represents a significant step in Web3 adoption for the region, with LINE NEXT and Kaia Chain positioned to leverage USDT’s liquidity and stability. The partnership underscores the growing institutional embrace of stablecoins as foundational infrastructure for decentralized applications.
Asian Brokerage Giants Embrace Crypto for Stock Trading
Futu Securities, a Hong Kong-based brokerage, is piloting cryptocurrency deposits—including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT)—to facilitate stock trading in US, Hong Kong, and Japanese markets. The move signals accelerating institutional adoption, with Techcombank Securities (TCBS) exploring similar integration in Vietnam.
"Internet securities dealers are counting down to their large-scale entry into the cryptocurrency world," observes industry commentator _FORAB. Stablecoins like USDT and USDC are emerging as bridge assets, blurring lines between traditional finance and digital asset ecosystems.
Futu Integrates Bitcoin and USDT Deposits into Retail Investment App
Futu has expanded its retail trading app NiuNiu to include Bitcoin and USDT deposits, enabling seamless switching between traditional financial products and cryptocurrencies. The integration offers users a unified platform to manage diversified assets, blending Crypto and TradFi markets.
Hong Kong’s leading retail brokerage platform, Futu claims one in two adults in the city uses its services. The app ranks first in downloads among retail brokerage platforms and operates under the Hong Kong Securities Regulatory Commission’s license.
