Sui cooperates with South Korea t’order to develop stablecoin infrastructure

On September 26, Sui announced a cooperation with South Korea’s desktop ordering platform t’order to develop stablecoin infrastructure services business scenarios. The cooperation will use t’order’s national network to integrate QR codes and facial recognition technology to expand the commercial application of digital assets in South Korea.

By integrating Sui and Walrus, t’order provides safe and reliable transaction processing, the Korean won stablecoin will be launched on Sui soon. t’order handles transactions of approximately US$350 million per month, exceeds US$4.3 billion per year, and manages approximately 300,000 equipment. The cooperation reduces the fee per transaction to about 13 won, saving about 150 billion won per year for small and micro enterprises.