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Samsung unit explores stablecoin infrastructure with Upbit’s operator

CoinTelegraph1h agoUpdated 1h ago
Samsung unit explores stablecoin infrastructure with Upbit’s operator
Smart Read

Samsung SDS is discussing stablecoin infrastructure and AI-based payment models with Dunamu, the operator of South Korean crypto exchange Upbit....

Key takeaways

  • 1Samsung SDS is collaborating with Dunamu to explore stablecoin infrastructure and AI-based payment models.
  • 2Samsung affiliates acquired a 4% strategic stake in Upbit operator Dunamu in May 2026.
  • 3Samsung SDS reported Q2 revenue of 3.72 trillion Korean won ($2.6 billion), up 5.9% year-on-year.

Why it matters

A major Asian tech conglomerate building institutional stablecoin infrastructure signals growing global adoption of crypto payment networks. This trend highlights the mainstream potential of web3 payments, which could influence similar corporate blockchain adoption across emerging markets like India.

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