LG CNS to Launch Blockchain Services for Stablecoin Ecosystem in September

Odaily News: LG CNS plans to launch blockchain services targeting the stablecoin ecosystem in September, covering functions such as digital wallets, transaction processing, fee payment on behalf of users, and on-chain data management. Lee Jung-hwa, head of the blockchain division at LG CNS, stated that wallets are the most important infrastructure in the stablecoin ecosystem, and entities that control wallets and fiat on/off ramps will occupy key positions in the future. LG CNS previously participated in the Bank of Korea's "Project Hangang," accumulating expertise in CBDC and deposit token technologies, and verified multiple on-chain settlement models through experiments.