Crypto
Line Next and JPYC join hands to expand yen stablecoin ecosystem
Line Next said on Monday it signed an MOU with Japan\'s JPYC Co Ltd to use the yen-backed stablecoin JPYC in its services. The companies will broadly review applications of yen-based stablecoins across Line Next services, focusing on adding JPYC to a Line Messenger-based stablecoin wallet. They will explore cooperation on payments, rewards and campaigns, and work on technical linkage, regulatory compliance and a stable usage environment.