There will also be a virtual afterparty following the livestream exclusively on Youtube.
The achievement means the K-Pop stars are second only behind Justin Bieber, who currently has 62.4 million subscribers on the visual platform.
The EP appeared on streaming services around 10pm GMT on Easter Sunday, 4 April.
The single, which also features R&B singer Giveon, appears on Bieber’s latest chart-topping album ‘Justice.’
The news also makes Bieber the youngest solo artist with eight No. 1 albums to his name.
The extended edition of the album features new collaborations with Lil Uzi Vert, Jaden, Quavo, DaBaby and Tori Kelly.
The single appears on the singer’s latest album ‘Justice,’ out now.
Revealing the versatility that sits at the heart of Justin Bieber’s career, ‘My World 2.0’ found the future King Of Pop sizing up his throne.
Celebrating the album release, Bieber has also dropped the music video for his track ‘Peaches’ featuring Daniel Caesar and Giveon.
Bieber’s forthcoming album, ‘Justice,’ drops this Friday.
Has there ever been a genre of music so attuned to font and logos?
“The Kids’ Choice Awards was my first awards show and returning to share my new music is a full-circle moment”
The new album boasts appearances by Khalid, Daniel Caesar, Giveon, and Kid Laroi, among others.
Like all award shows, the Grammys are always bound to satisfy, surprise, and rankle in equal measure, and there have been some surprising wins in the past.
The 50th annual Canadian music celebration broadcasts live on Sunday, May 16.