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Crypto

Won stablecoin pilots enter proof stage as industry tie-ups accelerate

Partnerships among banks, fintechs, platforms and blockchain firms around won-denominated stablecoins are accelerating in the second half, with payment and settlement use cases moving into more concrete pilot tests. Companies are running proofs of concept on real-time settlement, on-chain payment flows and links between digital wallets and existing card networks. Cross-border remittances are also emerging as a key testing area. Debate continues over regulation, including issuers, reserve assets and approval requirements.

Games & Commerce

NHN to expand AI GPU investment, secure additional 30 MW data centre capacity by next year

NHN is stepping up growth strategy centred on its artificial intelligence GPU business, planning to expand data centres and the latest GPU infrastructure and win overseas customers. It reported second-quarter revenue of 757.9 billion won and operating profit of 57.9 billion won, both record quarterly highs. NHN Cloud’s AI GPU business drove results, with cloud revenue up 85.3 percent. The company is also focusing game development on Japan and expanding payments into stablecoin settlement infrastructure.

Finance

NHN KCP posts record Q2 revenue of 383.4 billion won, payment volume 17 trillion won

NHN KCP posted record quarterly revenue and payment volume in the second quarter, supported by increased transactions with overseas merchants and large domestic merchants. The company reported consolidated revenue of 383.4 billion won and operating profit of 15.4 billion won, up 28 percent and 25 percent from a year earlier. Total payment volume rose 34 percent to about 17 trillion won, also a quarterly record.