The first stablecoin hackathon in South Korea will kick off in August with a total prize of $72,500.

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[Coin World] On July 18, according to reports from South Korean media, Kaia will collaborate with Tether, KakaoPay, and LINE NEXT to officially launch the first "Korea Stablecoin Hackathon" on August 1. This event focuses on two directions: the KRW Stablecoin Ideathon and application development based on Kaia-USDT (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 VC review opportunities provided by Simsan Ventures and Kaia Wave, with a total prize pool of up to $72,500.

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