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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.

AI & Enterprise

Hecto Innovation introduces stablecoin-based infrastructure for foreign patient hospital bills and trade payments

Hecto Innovation will take part in AI Festa 26, held in Seoul from Oct. 6 to 8 under the theme “AI, Becoming Reality. AI for Everyone.” It will run a booth focused on “24/7 stablecoin infrastructure” spanning foreign patient hospital bill payments and corporate trade remittances. The company plans to introduce models for using digital assets while complying with regulations such as AML and KYC, based on acceptance of its Hecto Wallet One VASP filing.

Crypto

Global debt hits $365 trillion as stablecoin issuers emerge as major buyers of U.S. Treasuries

Global debt rose to a record $365 trillion early this year, the Institute of International Finance said in a global debt monitor. It attributed the increase to more borrowing by emerging markets, AI infrastructure investment and military spending. Separately, economists at the San Francisco Federal Reserve said the buyer base for U.S. Treasuries has shifted as foreign holdings fall. They said stablecoin issuers have rapidly increased holdings of short-term Treasuries.