ERA Token Skyrockets 60% as Upbit Joins Binance in Listing, USDT Pairs Now Live
In a significant development for the cryptocurrency market, South Korea's leading exchange Upbit has announced the listing of Caldera's ERA token starting July 18, 2025. This move follows Binance's recent inclusion of ERA in its HODLer airdrops program, creating a powerful dual-listing effect that immediately propelled the token's price by 60%. The new trading options will include KRW, BTC, and notably USDT pairs, providing multiple entry points for investors. Upbit has implemented strict Travel Rule verification protocols for pre-listing deposits exceeding ₩1 million (approximately $730), reflecting growing regulatory compliance in the sector. This listing continues a trend of exchange announcements triggering substantial price movements, as previously seen with ENA, HYPER, and BABY tokens. The simultaneous recognition by two major exchanges suggests strong institutional confidence in Caldera's technology and the ERA token's utility. Market analysts are watching closely to see if this momentum can be sustained post-listing, with many pointing to the USDT pairing as particularly significant for global liquidity and arbitrage opportunities.
Upbit to List Caldera's ERA Token Following Binance, Sparking 60% Price Surge
South Korea's Upbit exchange will list Caldera's ERA token on July 18, mirroring Binance's recent inclusion of the project in its HODLer airdrops program. Trading pairs will include KRW, BTC, and USDT, with strict Travel Rule verification for pre-listing deposits exceeding ₩1 million.
The announcement triggered an immediate 60% price spike for ERA, echoing similar rallies seen with ENA, HYPER, and BABY tokens after exchange listings. Market participants attribute the bullish reaction to Upbit's dominant position in Korea's crypto ecosystem, where retail traders frequently amplify token volatility.
Upbit emphasized security protocols, specifying Ethereum-network-only transactions and warning against deposits from unverified wallets. The exchange published Caldera's contract address to prevent misdirected transfers—a cautionary measure following increasing regulatory scrutiny in Korea's VIRTUAL asset markets.
Kaia, Tether, Kakao Pay, and Line Next Host Hackathon to Pioneer KRW Stablecoin Development
South Korea's Web3 ecosystem takes a significant leap forward as KAIA partners with Tether, KakaoPay, and LINE NEXT to co-host a groundbreaking hackathon. The event will test a Korean Won-backed stablecoin prototype while exploring Mini Dapp integrations within LINE Messenger's 196-million-user network.
The dual-track competition features an "Ideathon" for KRW stablecoin concepts and a technical hackathon leveraging Kaia's native USDT implementation. Winners stand to gain $72,500 in prizes plus potential investment from Kaia Wave VC Alliances and Simsan Ventures, with Rep. Byung-deok Min of Korea's Digital Asset Basic Act initiative lending political weight to the proceedings.
This collaboration unites critical market forces: Tether's stablecoin dominance, KakaoPay's 95% domestic payment penetration, and LINE's massive messaging footprint. The outcomes could reshape Asian stablecoin markets ahead of Korea's 2025 digital asset legislation.
Tether’s USDT Surpasses $160 Billion Market Cap Amid Crypto Rally
Tether's USDT has achieved a historic milestone, surpassing $160 billion in circulating supply as demand for stablecoins surges alongside Bitcoin and Ethereum's market gains. The dominant dollar-pegged asset now serves as a critical liquidity bridge across both centralized and decentralized finance ecosystems.
CEO Paolo Ardoino framed the achievement as validation of USDT's role as 'the digital dollar for emerging markets.' The growth reflects deepening crypto market maturity, with stablecoins becoming indispensable infrastructure for cross-border transactions and volatility hedging.
