LINE Next Prepares for Global Unifi Pay Launch in Q3 2026

LINE NEXT, the Web3 subsidiary of LY Corporation, is gearing up to launch Unifi Pay globally in Q3 2026. This payment infrastructure will be built on top of the existing Unifi stablecoin wallet and initially support three tokens: USDT (pegged to the US dollar), JPYC (pegged to the Japanese yen), and IDRP (pegged to the Indonesian rupiah).

The Unifi Pay service promises 0% payment fees for merchants and developers, with near-instant settlement times. Onboarding will be facilitated through e-KYC-linked bank transfers, allowing users in Japan and Indonesia to verify their identity electronically and convert local fiat currency into stablecoins directly through the LINE app.

The entire system operates on the Kaia Layer-1 blockchain, established through a collaboration between Kakao and LINE. Pre-registration for developers and merchants is already open, with rewards and marketing support offered during the early access period.