Danal, Line Next sign MOU to expand JPYC payments in South Korea

Danal has signed a strategic memorandum of understanding (MOU) with Line Next, the Web3 arm of Japan's LY Corporation (Line Yahoo), to expand the use of the JPYC stablecoin for real-world payments in South Korea, Digital Asset reported today. The two companies plan to start in South Korea and later extend the JPYC payment service to other major Asian regions, aiming to build a new financial ecosystem that connects digital assets with the physical payments market.