Overview
- Project Unify embeds payments, remittances, yield services, on/off-ramps, and access to 100+ decentralized apps directly in LINE, targeting nearly 200 million users as Kaia cites 130 million wallets with 60 million active.
- The platform plans support for stablecoins tied to the U.S. dollar plus the yen, won, baht, rupiah, peso, ringgit, and Singapore dollar to unify regional rails.
- Distribution will include a Mini Dapp inside LINE and a standalone Kaia app, with offline payments enabled via Visa initially and QR code support to follow.
- The Unify SDK will let stablecoin issuers and developers manage issuance, distribution, and localized compliance across jurisdictions.
- Progress depends on policy developments, including a South Korean bill expected in October covering issuance, reserve management, and controls, while Kakao’s KRW trademarks signal preparations for a won-pegged asset.