GalaxiaMoneytree to Participate in Circle's "Current Seoul"

GalaxiaMoneytree will participate in "Current Seoul: The Turning Point for Korean Cryptocurrency."

According to GalaxiaMoneytree on July 23, "Current Seoul," organized by Circle, the global issuer of stablecoin USD Coin (USDC), is an event where Circle invites domestic financial institutions, virtual asset service providers, payment companies, and platform operators. The event will share information on institutional changes in Korea's digital asset market and discuss the future direction of the stablecoin industry. Other key topics include regulatory response, cooperation between industries, and strategies for building long-term partnerships.

GalaxiaMoneytree, together with its blockchain-focused subsidiary GalaxiaMetaverse, will attend and discuss with Circle and other domestic and global financial, payment, and digital asset industry professionals the potential for utilizing stablecoin-based payment and settlement infrastructure. The company plans to expand the scope of cooperation with Circle by exploring joint digital financial services that connect its existing electronic payment infrastructure with global stablecoin infrastructure.

GalaxiaMoneytree currently offers a wide range of payment services, including mobile payments, credit cards, wire transfers, gift certificates, and convenience store payments. Centered on its financial lifestyle platform "Moneytree," the company has been steadily expanding its mobile finance and payment services. The "Moneytree Card" has grown to the point where annual top-ups and payments total approximately KRW 300 billion.

A GalaxiaMoneytree representative stated, "The domestic digital asset and stablecoin industries are reaching an important turning point as they prepare for both institutionalization and commercialization." The representative continued, "We will actively develop service models that allow stablecoins to be safely utilized in real life, taking into consideration full regulatory compliance, user protection, and seamless payment experiences."

This content was produced with the assistance of AI translation services.