Korean Fashion Giant Hyungji Adopts Stablecoin Payments Across 2,000+ Stores
Korean Fashion Giant Hyungji Adopts Stablecoin Payments Across 2,000+ Stores
🛍️ Korea's fashion giant goes crypto
Major retail adoption milestone
Hyungji, one of Korea's largest fashion retail groups, is implementing stablecoin payments across its network of over 2,000 locations throughout Asia using Arbitrum's infrastructure.
Why this matters:
- Serves millions of customers across the region
- Requires fast, low-cost transaction processing at scale
- Arbitrum selected as the settlement layer for retail payments
Broader context:
This follows a pattern of enterprise adoption on Arbitrum. Rise Pay has already processed over $340 million in USDC and USDT payouts on the network, demonstrating demand for instant, low-cost cross-border payment solutions.
The move signals growing confidence in blockchain infrastructure as a viable alternative to traditional payment networks for large-scale retail operations.
Hyungji, one of Korea’s largest fashion retail groups, is bringing stablecoin payments to stores via Arbitrum Serving millions across 2K+ locations in Asia requires fast, low-cost, reliable rails and Arbitrum is the neutral settlement layer powering retail payments across Asia
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