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Event File CRYPTO Stablecoins Upbit

Samsung SDS, Dunamu Explore Stablecoin and AI Payment Infrastructure

1 reports · First detected 2026-07-30 · Last active 2026-07-30

Stablecoins are evolving from crypto-trading instruments into payment and settlement infrastructure, prompting South Korean technology and financial groups to position for a won-backed token market. Samsung SDS brings expertise in artificial intelligence, cloud computing, cybersecurity and data management, while Dunamu operates Upbit, South Korea’s largest cryptocurrency exchange. A partnership could connect enterprise IT systems with Dunamu’s blockchain and digital-asset capabilities.

Samsung SDS is in discussions with Dunamu on stablecoin infrastructure, digital-asset systems and AI-enabled payment models, according to a July 30 report. The talks build on a May 28 agreement under which Samsung SDS, Samsung Securities and Samsung Card agreed to buy a combined 4% stake in Dunamu for 612.8 billion won. Samsung Securities was allocated 2%, while Samsung SDS and Samsung Card each took 1%; no timetable or financial terms for the proposed infrastructure projects were disclosed.

All Coverage

1 original reports
COINTELEGRAPH.COM 2026-07-30
Samsung unit explores stablecoin infrastructure with Upbit’s operator

The Backstory

The history behind this event
Upbit and Other South Korean Companies Deny Formal Involvement in OUSD Stablecoin Plan2026-07-04 · 2 reports · similarity 0.82

The OUSD stablecoin alliance previously listed Upbit operator Dunamu, Samsung Electronics, Shinhan Financial Group and KBank as participating companies, drawing market attention. Endorsement by major financial and technology institutions would directly affect the stablecoin’s credibility, regulatory progress and potential scale of adoption.

Several of the named companies have recently issued clarifications. Upbit said Dunamu had only expressed interest in possible future cooperation and was not yet participating. Samsung Electronics, Shinhan Financial Group and KBank also said they had held no formal discussions or were still evaluating the proposal. Existing reports provide no formal entry date, launch schedule or issuance amount.

Samsung Units to Spend $408 Million on Stake in Upbit Operator Dunamu2026-05-31 · 4 reports · similarity 0.80

Dunamu operates Upbit, South Korea’s largest cryptocurrency exchange, and is a central player in the country’s digital-asset market. Samsung has continued expanding in the sector since launching a digital-asset wallet in 2019. The investment could extend its reach into Korean won stablecoins, blockchain finance and payment infrastructure, reflecting conglomerates’ accelerating push into crypto finance.

On May 28, 2026, Samsung Securities, Samsung Card and Samsung SDS agreed to acquire a combined 4% stake in Dunamu from Kakao affiliates for 612.8 billion won, or about $408 million. The transaction was originally scheduled to close on June 19. Samsung Securities would acquire 2%, while the other two companies would each take 1%. In less than a month, Kakao had sold about $1.5 billion worth of Dunamu shares in total.

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