Kaia don launch USDT ATM for South Korea for Instant Tether Withdrawals
Kaia don roll out 30 USDT ATM dem for place like Incheon Airport, Myeong-dong, and Busan Station, ewey international travelers fit convert Tether (USDT) stablecoin to Korean won sharp sharp. The crypto ATM network support USDT transfer for Tron, Ethereum and Binance Smart Chain, with transaction limit na KRW 1,000,000 per withdrawal and competitive service fee dem between 1% to 2.5% without need for KYC or bank account.
The partnership with Chai app and NH Bank make crypto to cash conversion easy for retail points, dem dey provide quick onramps and offramps for stablecoin users. Kaia’s USDT ATM network dey improve liquidity options for global visitors and dey promote stablecoin use for everyday transaction dem.
By end of year, Kaia plan to increase the network to 50 ATMs nationwide and aim to put USDT ATMs for all domestic airports by 2025. This strategic rollout show say demand for stablecoin access dey increase and e fit boost Tether utility for Asia-Pacific travel finance.
Neutral
The expansion of Kaia’s USDT ATM network dey boost on-ramps and off-ramps for Tether, e dey improve liquidity and make stablecoin work better for travelers. Even though this rollout fit make transaction volume and adoption rise, e no likely to affect USDT’s peg or market price strong. For short term, better access fit make people convert more, but e still balance with people wey dey redeem. For long term, more ATM coverage go support stablecoin adoption without putting plenty price pressure.