South Korean Small Enterprises Receive $0.01 Transactions Enhancement Through SUI-t’order Blockchain Innovation

SUI and t’order have formed a partnership to introduce a KRW-pegged stablecoin for practical payment use in South Korea, targeting lower transaction expenses for small enterprises and promoting broader blockchain integration. This joint effort utilizes Sui’s blockchain platform alongside t’order’s extensive point-of-sale (POS) network, which handles more than $4.3 billion in yearly transactions. By substituting the standard 2.5% card processing fee with a minimal charge of about KRW 13 ($0.01) per transaction, the project is expected to help small businesses save up to KRW 150 billion ($100 million) each year Sui and t’order Power Next-Gen KRW Stablecoin Payments [ 1 ]. This initiative is in line with South Korea’s ongoing efforts to promote homegrown stablecoins as alternatives to dollar-linked tokens such as

and USDC SUI and t’order to introduce KRW stablecoin for real-world ... [ 4 ].

The KRW stablecoin will feature advanced technologies, including QR code payments and facial recognition (Face Pay), enabling transactions to be completed in less than half a second. T’order’s infrastructure, which oversees 300,000 POS terminals nationwide, will support the swift rollout of the stablecoin across retail and food service industries, together representing a market worth over 190 trillion KRW Sui and t’order Power Next-Gen KRW Stablecoin Payments [ 1 ]. Transaction and loyalty information will be recorded on Walrus, a decentralized protocol built atop

, ensuring both transparency and data reliability Sui Partners with t’order to Launch Stablecoin Payments Across … [ 2 ]. The platform’s instant processing and decentralized design are intended to reduce fraud and disputes, while boosting consumer confidence SUI and t’order to introduce KRW stablecoin for real-world ... [ 4 ].

Small business owners are set to gain from lower operating expenses. T’order’s no-fee payment gateway, paired with Sui’s blockchain, could do away with conventional payment gateway costs for merchants. The collaboration also focuses on scalability, as Sui’s network can process hundreds of millions of transactions at once Sui Partners with t’order to Launch Stablecoin Payments Across … [ 2 ]. Experts believe this development could disrupt traditional payment systems by providing faster and more affordable options, especially in the food service sector, where transaction volumes are high and cost reductions are significant Sui and t’order Power Next-Gen KRW Stablecoin Payments [ 1 ].

South Korea’s regulatory landscape is adapting to support stablecoin advancements. Authorities have set up a task force to draft new laws, covering collateral standards and oversight of issuers, with possible enactment by the end of the year SUI and t’order to introduce KRW stablecoin for real-world ... [ 4 ]. At the same time, the Bank of Korea has paused its central bank digital currency (CBDC) initiative until Q2 2025, shifting attention to private sector-led solutions. This regulatory openness has fueled competition among local companies, with eight leading banks planning to launch a won-backed stablecoin by late 2025 or 2026. The Sui-t’order project is being viewed as a test case for large-scale stablecoin use, with its results likely to shape future regulatory approaches Stablecoin Usage in South Korea 2025: A Comprehensive Analysis … [ 5 ].

Industry observers point out both potential and hurdles. While the KRW stablecoin could improve cross-platform compatibility and lessen dependence on foreign stablecoins, challenges include possible capital flight and unclear regulations. South Korea’s short-term bond market, vital for backing stablecoins, is less developed than that of the U.S., making issuance more complex Sui Network Partners with t’order to Revolutionize Stablecoin … [ 9 ]. Nevertheless, the private sector’s quick action—such as KakaoPay’s stablecoin initiatives and blockchain firms securing patents—shows strong progress South Korean Banks Plan Won-Pegged Stablecoin by … [ 8 ]. If the project succeeds, it could become a model for integrating local stablecoins into the global financial landscape, in line with trends in the EU and U.S. toward regulated digital assets Digital Won Gets Paused: How Stablecoins Are Set to … [ 7 ].

The partnership between Sui and t’order highlights the transformative potential of blockchain in retail payments. By merging decentralized technology with practical applications, the project supports South Korea’s digital economy and addresses merchant challenges. As regulations become clearer and adoption grows, the KRW stablecoin could redefine payment systems, encouraging innovation while maintaining financial security Stablecoin Usage in South Korea 2025: A Comprehensive Analysis … [ 5 ].