Solana Lands KRW 25T Payments with KG Group

1 month ago 8

Rommie Analytics

Key Takeaways:

  • KG Financial and KG Inicis, both South Korean firms, are working with the Solana Foundation to create stablecoin payment systems.
  • The payment network handles over KRW 25 trillion transaction value per year and has around 220,000 retailers.
  • The initiative includes stablecoin payments, onchain settlement, and token-based merchant reward systems.