Search results for Circle Payment Network
Crypto
Stablecoin land grab intensifies as banks and fintech form alliances
South Korea\'s finance and fintech sectors are stepping up competition to pre-empt the stablecoin market even as legislation remains stalled in parliament. Banks are moving to secure issuance rights through consortia and technology partners, while fintech firms and exchanges focus on controlling mainnets and payment networks. Global players are also positioning in networks and settlement infrastructure. The article says the battle for won and dollar stablecoin leadership is already under way.
AI & Enterprise
Hekto Innovation\'s Q1 consolidated revenue tops 100 billion won for first time, expands investment in new businesses
Hekto Innovation said on Thursday its quarterly revenue topped 100 billion won for the first time, driven by growth in its IT services business and expanded results in fintech and healthcare. The company posted 112.3 billion won in consolidated revenue and 14.6 billion won in operating profit for the first quarter of 2026, up 25.4 percent and 24.1 percent from a year earlier. It plans to accelerate a stablecoin ecosystem centered on its Hekto Wallet One blockchain infrastructure.
Finance
Hecto Financial posts record 2025 sales and operating profit, steps up global expansion
Global fintech firm Hecto Financial posted its highest-ever annual sales and operating profit in 2025, supported by broad-based growth across its businesses and higher-margin membership services such as Naetongjang Payment. It announced the results in a shareholder meeting notice and proposed a 220 won per-share cash dividend, up about 3 percent. The company plans to accelerate global expansion, including stablecoin-based payments and settlement services.
