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Crypto

Woori Bank to pursue easy payment infrastructure for foreign visitors with Crosshub

Woori Bank plans to develop a foreigner-only digital wallet to improve payment convenience for foreign visitors to South Korea. The bank signed a memorandum of understanding with fintech startup Crosshub on June 10 to jointly develop services aimed at easing payments for visiting foreigners. The partners aim to launch the wallet in the second half. They also plan a prepaid card charged in the user’s home currency and to test a stablecoin-based payment environment.

Crypto

KB Financial completes verification of stablecoin payments and remittances from issuance

KB Financial Group has completed a technology verification covering the full process from payments and settlement to overseas remittances based on a won stablecoin. The group said it carried out the proof of concept with KG Inicis, Kaia and OpenAsset. The model linked stablecoin issuance, offline QR payments and merchant settlement. For remittances, it converted won stablecoins into dollar stablecoins and sent funds to a bank account in Vietnam, completing the process within 3 minutes.

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.