ITcen Global joins Hana Financial's stablecoin consortium

ITcen Global, the operator of the Korea Gold Exchange, joined a won-backed stablecoin distribution consortium led by Hana Financial Group in January, according to an exclusive report from SBS Biz. The move is widely seen as a step toward collaboration on a gold-linked stablecoin. The consortium already includes affiliates of SK, Lotte, Hanwha, Hyundai Card, Modetour, and Eugene Group, with SK Telecom, Lotte Mart, and Lotte Chilsung Beverage also considered likely participants.