Coupang makes won stablecoin push with Woori Bank

Coupang has teamed up with Woori Bank to test real-time settlement using won-backed stablecoins, positioning its commerce and delivery network as a potential launchpad for the digital currency. The two companies tested the full payment process in a commercial-like environment, from customer purchases to real-time merchant settlement and conversion between stablecoins and won, Coupang said Monday. In the trial, payments for Coupang Eats orders were transferred to restaurant owners in real time us

By The Korea Herald