LINE NEXT to Launch Stablecoin Payment Infrastructure "Unifi Pay" Globally in Q3, Opens Pre-registration for Global Developers

• Supports stablecoins USDT, JPYC, and IDRP, with plans to expand to local stablecoins in various countries.

• Builds innovative payment infrastructure with 0% transaction fees, settlement rewards for developers up to 5% annually, and settlement speeds averaging 1 second.

• Cumulative settlement volume in beta reached KRW 100 billion; pre-registration for global developers opens ahead of official launch.

LINE NEXT Inc. (Representative: Ko Young-soo, hereinafter "LINE NEXT") has begun accepting pre-registrations for global developers ahead of the official launch of "Unifi Pay," a payment infrastructure based on the stablecoin wallet service "Unifi."

"Unifi Pay," scheduled for a global launch in the third quarter of this year, is a new payment service available within the stablecoin wallet service "Unifi Wallet." Supported currencies for payment include the US dollar-pegged stablecoin "USDT," the Japanese yen-pegged stablecoin "JPYC," and the Indonesian rupiah-pegged stablecoin "IDRP." Notably, users in Japan and Indonesia can easily charge (deposit) "JPYC" and "IDRP" from their bank accounts after undergoing online identity verification (e-KYC), offering significantly greater convenience than traditional cryptocurrency payments. LINE NEXT plans to add local stablecoins from various countries in the future, within the scope permitted by local regulations.

Furthermore, "Unifi Pay" has achieved zero transaction fees by adopting a structure that directly connects users and suppliers through the wallet. It also provides rapid settlement speeds averaging 1 second. Additionally, it offers a function to directly transfer settlement funds to bank accounts through integrated cryptocurrency exchanges and blockchain remittance solutions (such as SentBe).

LINE NEXT will provide the "Unifi Pay Software Development Kit (SDK)" to enable global development companies, AI builders, and creators to easily implement global payments. This development kit utilizes the "A2A (Agent to Agent)" method, where AI agents perform tasks, allowing for the construction of a global payment page and the commencement of payment acceptance in an average of about 10 minutes with just a single command input. Moreover, development companies can receive annual rewards of up to 5% depending on the type of stablecoin when they receive and hold payment funds through the wallet. Development companies participating in this pre-registration will be granted early access to the development kit and will also receive various marketing support.

Comment from Ko Young-soo, Representative Director and CEO of LINE NEXT

"Over the past year, in a partnership-based beta environment, Unifi Pay's cumulative payment and settlement volume reached KRW 100 billion, verifying its stability. By providing development tools that anyone can easily use, we aim to establish it as a payment infrastructure that closely connects diverse developers, creators, and users worldwide."

[Disclaimer / Forward-Looking Statements]

* "Unifi Pay" does not charge its own transaction fees, but protocol fees and other charges may apply separately.

* Service availability, supported assets, and available features may vary depending on local laws, regulations, and partner policies. * The reward program is available only for supported assets, and the terms and conditions and reward levels may change depending on operational policies and market conditions.

About LINE NEXT Inc.

LINE NEXT Inc. is a US-based subsidiary of LINE Yahoo related companies responsible for operating the Web3 platform business, aiming to build a global Web3 ecosystem.

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

Pre-registration URL: https://pay.unifi.me/direct/ ■ Unifi URL: https://www.unifi.me/