LINE NEXT launches stablecoin platform ‘Unifi’ globally
LINE NEXT Inc. today officially launched Unifi, a stablecoin-focused wallet designed to enable the seamless use of stablecoins.
Previously known as the Unify Project, Unifi is a dedicated stablecoin wallet directly accessible on LINE Messenger. Users around the world can instantly create a wallet and begin using the service simply by logging in with their social accounts such as LINE, Apple, Google or Naver.
With such convenience, even users with no prior virtual asset experience can easily use the service. The platform provides an end-to-end stablecoin experience, including deposits, custody, payments, transfers, and rewards, all within a single service.
Unifi currently supports Tether (USD₮), with plans to gradually expand support to additional stablecoins in the future.
Unifi is a non-custodial wallet offering users control of their assets and a flexible management environment designed to maximize user convenience. Users receive an annual interest rate of 4%–5% (depending on the deposit amount), and, to celebrate the launch, Unifi is offering a limited-time promotion that provides up to 8% annual interest for USD₮ deposits. The platform also supports 24/7 deposits and withdrawals, allowing users to earn returns even on short-term holdings, with no deposit limits or withdrawal fees.
Unifi enables direct stablecoin-to-fiat conversion and remittances to personal bank accounts through SentBe, a global FX solutions provider, which utilizes Triple-A’s Singapore-DPT-licensed off-ramp solution.
In addition, LINE NEXT has integrated Dapp Portal and Mini Dapp into the Unifi platform to enhance the usability of stablecoins and benefits for users. Through Unifi, users can make payments, participate in missions, and earn rewards across a wide range of apps spanning gaming, social, and content services.
“Unifi is designed to help global users securely manage stablecoins while experiencing real-time asset growth,” said Youngsu Ko, CEO of LINE NEXT. “Moving forward, we aim to expand support for stablecoins from various countries and extend Unifi into real-world payment use cases, ultimately evolving into a global virtual asset hub.”
