LINE Yahoo Associated, LINE NEXT, plans to launch a stable currency payment service worldwide in the third quarter, Unifi Pay, and has opened pre-registration of developers. The service is based on Unifi wallets, primary low-cost payments and near real-time settlement experience.
Support for three stables.
According to the information currently disclosed, the first group of Unifi Pay will support USDT, JPYC and IDRP. The coverage includes both dollar-stable currencies and local-stable currencies for Japanese and Indonesian markets.
This means that the platform will initially combine a cross-border, cross-border, stable currency with local payment scenarios, starting with markets where there is a strong demand for payments.
- USDT: Towards a broader stable currency payment scenario
- JPYC: Local payment demand for the Japanese market
- IDRP: Local payment demand for the Indonesian market
Japan and Indonesia directly bankable.
LINE NEXT indicates that Japanese and Indonesian users can be paid directly through their bank accounts for JPYC and IDRP after they have completed their authentication. This arrangement links traditional banking channels to stable currency wallets and lowers the user entry threshold.
For payment products, straight-link bank accounts are usually more accessible to ordinary users than simple chain transfers, and more conducive to subsequent expansion into daily consumption scenarios.
Primary zero charges and quick settlement
According to the company, the goal of Unifi Pay is to provide zero payment of fees and near-immediate settlement. Such designs primarily target scenarios such as small payments, cross-border transfers and commercial receipts.
LINE NEXT also indicated that coverage would be further expanded later this year. As the developer ' s pre-registration is initiated, the follow-up focus will be on the pace of access, available areas and business-side landings.