Exchanges· ★★· bullish·

Hecto Financial joins OpenUSD ecosystem after Circle Payments Network

  • —Hecto Financial joined the OpenUSD ecosystem after entering Circle Payments Network
  • —LS Securities projects revenue of 225 billion won (+20% YoY) and operating profit of 26 billion won (+67%)
  • —The company leverages a foreign exchange license, cross-border partnerships and bank payment rails
  • —Higher-margin services are expected to grow as settlement clients expand into travel and aviation
Why it matters: Korean payment firms are moving into stablecoin settlement, intensifying competition for institutional demand for USDC and OpenUSD.
Source: Digital Today