Woori Investment & Securities in South Korea has signed an agreement with blockchain company BEATOZ to test stablecoin-based settlement for subscriptions to tokenized securities. The pilot is designed to build a fully on-chain process that covers subscription, payment, and final settlement rather than handling those steps through separate systems. Under the agreement, the two sides will examine whether stablecoins can simplify securities issuance and post-subscription settlement workflows, with the stated goal of improving efficiency and lowering costs. The move adds to ongoing efforts by South Korean financial institutions to explore how blockchain infrastructure can be used in traditional finance. The development was reported by Crypto.news and cited by Techub News.
Woori Investment & Securities in South Korea has signed an agreement with blockchain company BEATOZ to test the use of stablecoins in settling subscriptions for tokenized securities.
The test is intended to create a fully on-chain process covering subscription, payment, and settlement.
Project targets issuance and settlement efficiency
Under the agreement, the two companies will explore how stablecoins could simplify securities issuance and settlement procedures, with the aim of improving efficiency and reducing costs.
The arrangement is the latest example of South Korean financial institutions examining how blockchain technology can be applied in traditional finance, according to Crypto.news.
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