Finance
HectoFinancial emerges as core of stablecoin settlement
Mirae Asset Securities said HectoFinancial is emerging as a key player in stablecoin settlement after securing global direct-connection rails. Analyst Nami Kim said the company is expanding beyond account-based fintech platforms and payment gateway services into stablecoin rails, with policy expectations providing additional growth momentum. She highlighted benefits from the Circle partnership and completion of CPN-based infrastructure, enabling automated real-time cross-border settlement and plans to pursue global B2B payments and remittances.