LINE NEXT has signed a memorandum of understanding with JPYC Inc. to explore the integration of the yen-pegged stablecoin JPYC across LINE NEXT’s services. The agreement sets the framework for jointly examining how a Japanese yen–based stablecoin can be embedded into LINE NEXT’s ecosystem, including a planned stablecoin wallet accessible through LINE Messenger. JPYC is fully convertible at a one-to-one ratio with the Japanese yen and has been positioned as a domestic digital currency alternative aligned with Japan’s regulatory environment. The partnership reflects a broader effort to localize stablecoin usage by anchoring digital payments and rewards to the national currency rather than relying on dollar-backed tokens.
Under the collaboration, the two companies will assess technical integrations that allow users to hold and use JPYC in a secure and intuitive way within LINE NEXT’s services. A key focus is on payment functionality and reward distribution, with plans to develop JPYC-based incentives and campaigns once the stablecoin is introduced into the ecosystem. By linking a yen-backed stablecoin to a widely used messaging platform, the companies aim to lower friction for everyday digital payments and make Web3 services more accessible to mainstream users in Japan. The discussions also include ensuring compliance with stablecoin-related regulations while maintaining reliability and ease of use, an area of growing importance as Japan continues to refine its digital asset framework.
Beyond Web3-native use cases, LINE NEXT and JPYC are also exploring how yen-based stablecoins could be applied across broader consumer services. Executives from both firms have emphasized that stablecoin adoption in Japan depends on delivering familiar, practical experiences rather than speculative products. Integrating JPYC into services already embedded in daily life is seen as a way to encourage responsible adoption and demonstrate tangible value through payments and rewards. The initiative highlights how domestic stablecoins are gaining traction as infrastructure tools, supporting gradual, regulated expansion of digital finance within Japan’s consumer economy.
