Kim Ju-sik (김주식), executive vice president for the AI Data Division at NH NongHyup Bank, and Park Joon-seok (박준석), CEO of NHN KCP, pose for a photo after signing a strategic business agreement on the 21st to build a stablecoin-based payment ecosystem. [Photo: NH NongHyup Bank]

NH NongHyup Bank is teaming up with NHN KCP to build a stablecoin-based digital payment ecosystem.

NH NongHyup Bank said on April 22 it signed a strategic business agreement with NHN KCP on April 21 to build a payment ecosystem using stablecoins.

The agreement was 추진 to combine AI agent technology and digital payment infrastructure and jointly explore a next-generation payment model suited to the future digital economy.

The two companies plan to jointly design a stablecoin-based payment and settlement structure and push the business forward in phases. They will also link merchant and platform networks to expand the payment ecosystem. They will also work to connect with domestic and overseas digital payment systems and secure interoperability.

An NH NongHyup Bank official said the agreement was a starting point for reviewing the feasibility of using stablecoins and AI technology in actual payments, adding that the bank would respond to changes in the future payment environment.

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#NH NongHyup Bank #NHN KCP #stablecoin #AI agent #digital payments
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