Samsung SDS, a unit of the South Korean conglomerate Samsung, is exploring stablecoin infrastructure and AI-based payment models with Dunamu, the operator of South Korean crypto exchange Upbit.
This development is based on reporting from CoinTelegraph, which indicates that the two companies are in discussions to collaborate on these emerging technologies.
Stablecoins are a type of cryptocurrency that is designed to maintain a stable value, often pegged to a fiat currency, and are seen as a key component of the growing digital asset ecosystem.