PANews
PANews|5月 17, 2026 06:32
[KB Financial Group Completes Technical Validation for Korean Won Stablecoin Payments, Settlements, and International Remittances] According to Yonhap News Agency, KB Financial Group has announced the completion of technical proof-of-concept for all stages of Korean Won stablecoin payments, settlements, and remittances. Partners include electronic payment company KG Inicis, Kaia public blockchain, and digital asset solutions company OpenAsset. This validation serves as a comprehensive demonstration case, connecting the entire financial service process—from the issuance of Korean Won stablecoins to offline payments, merchant settlements, and international remittances—into a single streamlined workflow. Its key feature is transitioning the internal settlement structure to a blockchain-based system while maintaining customers' existing financial service usage habits. The practical payment model was implemented through the offline self-service payment terminals of chain coffee shop Hollys. The system architecture is designed such that when consumers make payments via QR codes without needing to install a digital wallet, the settlement phase automatically executes blockchain smart contracts.
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