Hecto Financial, a regulated financial services provider in South Korea, announced today its integration with Circle Payments Network CPN. The integration provides Hecto Financial with access to a global settlement infrastructure for cross-border payments using regulated stablecoins such as USDC.
Moving forward, Hecto Financial plans to streamline overseas remittance and settlement procedures through CPN, in alignment with domestic regulatory standards in South Korea, to provide faster and more secure cross-border payment services to both domestic and international customers.
Operated by Circle Technology Services, LLC, an affiliate of Circle Internet Group, Inc. NYSE: CRCL , CPN connects financial institutions, payment providers, and fintechs to facilitate programmable, always-on settlement using stablecoins such as USDC and EURC. The network is designed to unify traditional and blockchain-based payment systems while eliminating intermediaries and supporting real-time settlement.
