LINE NEXT Partners with Danal to Enable Cross-Border Payments Using JPYC

Advancing Real-World Use of Digital Assets Through JPYC-Based Cross-Border Payment Services

LINE NEXT Inc. (CEO: Ko Youngs, hereinafter "LINE NEXT") announces the signing of a strategic partnership (MOU) with Danal (CEO: Jin Changyong, hereinafter "Danal"), a leading South Korean payment company, to jointly develop cross-border payment services utilizing JPYC, a Japanese yen-pegged stablecoin.

On June 17, 2026, a signing ceremony was held at the Akasaka Office of LINE YAHOO Corporation in Minato-ku, Tokyo, with Ko Youngs, CEO of LINE NEXT, and Jin Changyong, CEO of Danal, in attendance. Both companies have agreed to strengthen collaboration to expand a cross-border payment ecosystem built on JPYC.

As a leading digital asset payment company in South Korea, Danal has been advancing the development of next-generation payment services through partnerships with global players such as Circle and Binance Pay.

Through this partnership, the two companies aim to build a new cross-border payment model based on LINE NEXT’s stablecoin wallet, "Unifi." This will enable Japanese users to make seamless payments at various merchants across South Korea using their JPYC holdings.

Looking ahead, the companies plan to expand the service to additional regions and use cases, driving the realization of a new payment infrastructure for the Web3 era that connects digital assets with real-world consumption.

JPYC, a yen-pegged stablecoin that maintains a 1:1 value ratio with the Japanese yen, has been gaining attention in Japan. With the practical implementation of this service, Unifi users in Japan are expected to enjoy smooth payment experiences across a wide range of sectors in South Korea—including beauty, convenience stores, and fashion—without the need for currency exchange or complex procedures.

Comment from Ko Youngs, CEO of LINE NEXT

"Stablecoins are rapidly gaining traction as global financial and payment infrastructure, but their use in daily life remains limited. We believe this initiative represents a new, practical use case for stablecoin-based cross-border payments. Moving forward, we will continue to promote an environment where digital assets can be used more easily in everyday life."

Comment from Jin Changyong, CEO of Danal

"Through our collaboration with LINE NEXT, we aim to deliver a new payment experience that goes beyond traditional overseas payment methods centered on card payments and foreign currency exchange. With the growing market of foreign visitors to Korea, we will continue to build convenient and innovative payment infrastructure leveraging digital assets."

LINE NEXT and Danal will continue their collaboration in the fields of digital assets and Web3 payments, working together to create new global payment models.

About LINE NEXT Inc.

LINE NEXT Inc. is a U.S.-based entity under the LINE Yahoo Group responsible for operating Web3 platform services, aiming to build a global Web3 ecosystem.

Official website: https://www.linenextcorp.com/

About Danal

Danal is a leading South Korean payment company that has developed and commercialized world-class mobile payment services. In the rapidly evolving global market, Danal continuously strives to deliver innovative services, including stablecoins and international cross-border payments.