LG CNS develops platform for stablecoin issuance, trading and distribution

LG CNS is developing a platform that supports the issuance, trading and distribution of stablecoins, Digital Asset reported. According to the company’s half-year report released on Aug. 14, LG CNS has designated blockchain as one of its main R&D areas and is developing platforms and underlying technologies for stablecoin issuance, trading and distribution. In the blockchain segment, the company is also developing a "Digital Trust solution" and listed a stablecoin-based issuance, trading and distribution platform as a key project. It is also pursuing technologies needed for CBDC and stablecoin transactions.