KaiaChain, Tether, and LINE team up for Kaia Wave Stablecoin Summer Hackathon with up to $1M VC investment and $170K prizes.

KaiaChain, Tether, and LINE team up for Kaia Wave Stablecoin Summer Hackathon with up to $1M VC investment and $170K prizes.

KaiaChain, Tether, and LINE NEXT have announced the Kaia Wave Stablecoin Summer Hackathon, a collaborative event aimed at fostering innovative stablecoin projects. The hackathon, set to commence on August 25, 2025, will focus on USDT-based projects and Mini Dapps for LINE Messenger, which has 194 million monthly active users. The event is co-hosted by Kaia DLT Foundation, Tether, and LINE NEXT, with a total prize pool of $170,000 and potential $1 million in VC funding for the best projects [1].

The hackathon seeks to boost the ecosystem of Mini Dapps on LINE NEXT, unlocking new opportunities for the messenger's extensive user base. Participants will be encouraged to develop projects that enable stablecoin trading, staking, and yield-generating activities within the Kaia ecosystem. The finalists will showcase their initiatives at an online event scheduled for September 30, 2025.

Youngsu Ko, CEO of LINE NEXT, highlighted the significance of the hackathon for global stablecoin development and adoption, stating, "This Hackathon marks as a starting point for activating the use of stablecoins globally. With Tether and Kaia, LINE NEXT looks forward to supporting innovative business ideas to speed up the popularization of Web3 services and stablecoins" [1].

The event features an offline kickoff session at WebX Tokyo on August 25, 2025, and will be supported by leading VCs and community partners, including Cicada, Dune Analytics, CertiK, ANKR, Hacken, Animoca Brands, Caladan, and SNZ Holding. The hackathon aligns with Kaia Wave Season 2, an ecosystem program that supports Mini Dapp builders.

Applications for the hackathon open today, August 7, via the official page on DoraHacks. The event promises to be a significant milestone in the development of stablecoin projects and the integration of Web3 services within mainstream communication platforms.

References:
[1] https://u.today/kaia-tether-line-next-co-host-kaia-wave-stablecoin-summer-hackathon