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Crypto

BDACS CSO Kim Tak-jong says won stablecoin should target payment areas previously hard to reach

Digital asset infrastructure company BDACS held a Korea Blockchain Week 2026 side event with Circle, Kyobo Life Insurance and SBI Holdings. Participants from financial institutions and the digital asset industry discussed directions for developing stablecoin-based financial infrastructure. BDACS presented use cases for a won stablecoin and demonstrated an onchain exchange of KRW1 and USDC in a testnet environment using Circle’s StableFX program.

Crypto

NHN KCP demonstrates won stablecoin payments and settlement, tests commercial use

NHN KCP unveiled a payment infrastructure that links the full process from payment to transaction confirmation, merchant management and settlement, assuming a won-denominated stablecoin. The company said it demonstrated stablecoin-based payment and settlement technology at Korea Blockchain Week 2026 (KBW2026) held in Seoul from Sept. 30 to Oct. 1. It used its own payment-focused mainnet, recording payment data in about 0.5 seconds and reflecting it in a digital wallet within about 1 second.

Crypto

Crypto optimism spreads across market as October bull-run hopes build

Tom Lee expressed optimism about the crypto market after responding to a post by Binance founder Changpeng Zhao. Market participants interpreted Zhao\'s post as hinting at an October bull run or a rise in Binance Coin, though it contained no specific forecast. Attention has also focused on Bitmine\'s ethereum purchases, as it nears a target of holding 5 percent of total supply and stakes most of its holdings for yield. Major cryptocurrencies have risen steadily over the past month.