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Crypto

Hecto Financial joins global stablecoin OpenUSD alliance, expands payment infrastructure

Hecto Financial will join Open Standard, a global corporate alliance for the dollar-based stablecoin OpenUSD (OUSD), as a network partner, it said on Wednesday. The alliance includes about 160 companies such as Visa, Mastercard, Stripe and Coinbase. Hecto Financial said it is reviewing plans to use OUSD for overseas remittances and corporate payments and settlement, and to offer different infrastructures such as Circle Payments Network and OUSD depending on clients and countries.

Finance

Hecto Financial\'s stablecoin benefits coming into view, record results seen

iM Securities forecasts Hecto Financial will post its best-ever results this year, citing improving profitability in its existing payments business and potential expansion in stablecoin-based global payments and settlement. Analyst Lee Sang-heon said stablecoin benefits are becoming visible under an environment of record earnings. He expects changes in digital finance could accelerate if legislation provides a legal basis for issuing and distributing won-denominated stablecoins.

Finance

Hecto Financial named to Asia top 30 fintechs in AFA Awards 2026

Hecto Financial has been named one of Asia’s top 30 fintech companies selected by the Asia Fintech Alliance (AFA), a network of fintech associations from 16 Asian countries. The company said it was picked as a top 30 firm in the AFA Awards 2026 and nominated for a Grand Award in the cross-border market category. It said it processes more than 1,200 trillion won in transactions annually and is expanding stablecoin-related business.