Rich by Coin

Hecto Financial, a regulated financial services provider in South Korea, announced its integration with Circle Payments Network (CPN), granting access to Circle’s global settlement infrastructure for cross-border payments using regulated stablecoins such as USDC. The company plans to streamline overseas remittance and settlement procedures through CPN in line with South Korea’s domestic regulatory standards to offer faster and more secure cross-border services for domestic and international customers. CPN connects financial institutions, payment providers, and fintechs to enable programmable, always-on settlement using stablecoins, aiming to unify traditional and blockchain-based payment systems and support real-time settlement. Through CPN, Hecto Financial seeks to enhance the speed, efficiency, and global reach of its cross-border payments for enterprise clients and platform partners, with use cases including B2B payments, remittances, and treasury flows.

As financial infrastructure evolves, we see an opportunity to offer clients new ways to move value quickly across borders in a compliant manner, said Jong-won Choi, CEO of Hecto Financial. In line with the global shift toward stablecoin-centered financial infrastructure, Hecto Financial aims to help establish a foundation for the KRW-based digital payment ecosystem to expand into global markets and contribute to enhancing the international standing of the Korean Won. Hecto Financial’s integration with Circle Payments Network supports the delivery of near-instant cross-border payments across key global corridors, enabling programmable money movement that aligns with the demands of today’s digital economy. This integration builds on Hecto Financial’s participation in Circle’s October 2025 public testnet of Arc, the enterprise-grade layer-1 blockchain designed as the Economic Operating System for the internet, where it joined over 100 institutions in validating early infrastructure use cases.