■Japanese yen-based stablecoin (JPYC) to be added to LINE NEXT’s coming stablecoin wallet
■MOU aims at popularizing Web3 services in Japan by using stablecoins to provide an easier payment experience
■MOU aims at popularizing Web3 services in Japan by using stablecoins to provide an easier payment experience
SEONGNAM, South Korea – January 20, 2026 – LINE NEXT Inc. announced today that it has signed a Memorandum of Understanding (MOU) with JPYC Inc. to explore the use of JPYC, a Japanese yen-based stablecoin, across LINE NEXT’s services.
Under this agreement, LINE NEXT and JPYC will jointly examine a wide range of opportunities to integrate yen-based stablecoins into LINE NEXT’s services. JPYC’s stablecoin “JPYC,” first issued in October, is fully convertible at a 1:1 ratio with the Japanese yen.
Notably, the two companies will focus on introducing JPYC to the stablecoin wallet, accessible using LINE Messenger, that will be launched by LINE NEXT, exploring various collaborations to enhance payment capabilities and develop reward distribution mechanisms. Through this partnership, the companies aim to offer users in Japan a more seamless and intuitive payment and rewards experience powered by a yen-based stablecoin.
To achieve this, LINE NEXT and JPYC will review technical integrations that would allow users to utilize yen stablecoins more safely and intuitively on LINE NEXT’s services. The companies will also discuss ways to ensure compliance with stablecoin-related regulations while maintaining a reliable and user-friendly experience. In addition, they will explore potential use cases for JPYC beyond the Web3 domain, examining opportunities to integrate the stablecoin into various consumer services. Once JPYC is introduced into LINE NEXT’s ecosystem, the companies plan to jointly develop JPYC-based reward programs and user campaigns to encourage adoption.
“For Web3 to truly take root in Japan, it is essential to deliver simple and intuitive experiences powered by yen-based stablecoins,” said Youngsu Ko, CEO of LINE NEXT. “Our collaboration with JPYC marks an important first step toward enabling everyday Web3 use—whether through rewards or daily payments. By combining JPYC with the new services LINE NEXT is preparing, we will deliver a Web3 experience optimized for users in Japan.”
“Enabling the use of JPYC within services that are deeply embedded in everyday life marks a significant advancement in the evolution of stablecoin adoption in Japan,” said Noritaka Okabe, CEO of JPYC Inc. “Expanding the convenience of yen-based stablecoins in areas where users directly feel the value—such as rewards and everyday payments—is an important milestone. Together with LINE NEXT, we aim to establish a leading model for yen-based stablecoin utilization in Japan.”
Notably, the two companies will focus on introducing JPYC to the stablecoin wallet, accessible using LINE Messenger, that will be launched by LINE NEXT, exploring various collaborations to enhance payment capabilities and develop reward distribution mechanisms. Through this partnership, the companies aim to offer users in Japan a more seamless and intuitive payment and rewards experience powered by a yen-based stablecoin.
To achieve this, LINE NEXT and JPYC will review technical integrations that would allow users to utilize yen stablecoins more safely and intuitively on LINE NEXT’s services. The companies will also discuss ways to ensure compliance with stablecoin-related regulations while maintaining a reliable and user-friendly experience. In addition, they will explore potential use cases for JPYC beyond the Web3 domain, examining opportunities to integrate the stablecoin into various consumer services. Once JPYC is introduced into LINE NEXT’s ecosystem, the companies plan to jointly develop JPYC-based reward programs and user campaigns to encourage adoption.
“For Web3 to truly take root in Japan, it is essential to deliver simple and intuitive experiences powered by yen-based stablecoins,” said Youngsu Ko, CEO of LINE NEXT. “Our collaboration with JPYC marks an important first step toward enabling everyday Web3 use—whether through rewards or daily payments. By combining JPYC with the new services LINE NEXT is preparing, we will deliver a Web3 experience optimized for users in Japan.”
“Enabling the use of JPYC within services that are deeply embedded in everyday life marks a significant advancement in the evolution of stablecoin adoption in Japan,” said Noritaka Okabe, CEO of JPYC Inc. “Expanding the convenience of yen-based stablecoins in areas where users directly feel the value—such as rewards and everyday payments—is an important milestone. Together with LINE NEXT, we aim to establish a leading model for yen-based stablecoin utilization in Japan.”
■ About LINE NEXT Inc.
Based in the United States, LINE NEXT Inc. is focused on growing the global Web3 business. Through building a Web3 ecosystem, LINE NEXT aims to provide new digital experiences and lead the way into the future.