{"id":488,"date":"2026-07-30T19:49:00","date_gmt":"2026-07-30T11:49:00","guid":{"rendered":"https:\/\/www.btcethdata.com\/?btc_ct_news=samsung-unit-explores-stablecoin-infrastructure-with-upbits-operator"},"modified":"2026-07-31T00:51:47","modified_gmt":"2026-07-30T16:51:47","slug":"samsung-unit-explores-stablecoin-infrastructure-with-upbits-operator","status":"publish","type":"btc_ct_news","link":"https:\/\/www.btcethdata.com\/?btc_ct_news=samsung-unit-explores-stablecoin-infrastructure-with-upbits-operator","title":{"rendered":"Samsung unit explores stablecoin infrastructure with Upbit\u2019s operator"},"content":{"rendered":"<p>Samsung SDS, the IT services arm of Samsung Group, is exploring stablecoin infrastructure, digital asset systems and AI-based payment models with Dunamu, the operator of Upbit, one of the biggest local cryptocurrency exchanges.<\/p>\n<p>Samsung SDS said it is discussing potential cooperation with Dunamu on stablecoin infrastructure, digital asset systems and AI-based payment business models, CEO Lee Jun-hee <a href=\"https:\/\/www.samsungsds.com\/en\/investor\/ir_events\/earnings-release.html\" rel=\"nofollow noopener\" target=\"_blank\">said<\/a> during the company\u2019s second-quarter earnings call on Thursday.<\/p>\n<p>\u201cWe have already secured differentiated business capabilities in digital asset infrastructure through the Korea Securities Depository\u2019s tokenized securities platform project and through end-to-end validation [&#8230;] of the full stablecoin process from issuance to settlement,\u201d Lee said. He said he expects the relationship with Dunamu will help Samsung SDS expand in the digital asset infrastructure market.<\/p>\n<p>The news came days after Samsung Electronics unveiled <a href=\"https:\/\/cointelegraph.com\/news\/samsung-wall\" rel=\"nofollow noopener\" target=\"_blank\">plans to add stablecoin support to Samsung Wallet<\/a>, broadening the company\u2019s digital asset push.<\/p>\n<h2>Strategic investment targets digital finance<\/h2>\n<p>In May 2026, Samsung Securities, Samsung SDS and Samsung Card <a href=\"https:\/\/cointelegraph.com\/news\/samsung-dunamu-stake-upbit-digital-assets\" rel=\"nofollow noopener\" target=\"_blank\">agreed to buy a combined 4% stake in Dunamu<\/a>, deepening Samsung affiliates\u2019 ties to South Korea\u2019s digital asset sector.<\/p>\n<p>In the latest Q2 call, Lee reportedly <a href=\"https:\/\/www.yna.co.kr\/view\/AKR20260730071652527\" rel=\"nofollow noopener\" target=\"_blank\">said<\/a> the company\u2019s investment in Dunamu is a strategic move rather than a financial investment, adding that both companies plan to refine potential business models for digital financial infrastructure.<\/p>\n<p><p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/content\/pasted-image-2199.png\" alt=\"\" loading=\"lazy\" \/><\/p>\n<\/p>\n<p><em>Source: <\/em><a href=\"https:\/\/image.samsungsds.com\/en\/investor\/ir_events\/ear_rele\/__icsFiles\/afieldfile\/2026\/07\/30\/Samsung%20SDS%202Q26%20Earnings%20Release_1.pdf\" rel=\"nofollow noopener\" target=\"_blank\"><em>Samsung SDS<\/em><\/a><\/p>\n<p>\u201cBy combining Samsung SDS\u2019s IT services, cloud, and security capabilities with Dunamu\u2019s blockchain expertise, we aim to lead this market,\u201d the Q2 transcript said.<\/p>\n<p><em><strong>Related: <\/strong><\/em><a href=\"https:\/\/cointelegraph.com\/news\/south-korea-report-stablecoin-rules-crypto-law\" rel=\"nofollow noopener\" target=\"_blank\"><em><strong>South Korea report proposes stablecoin rules before crypto law<\/strong><\/em><\/a><\/p>\n<p>Samsung SDS did not immediately respond to Cointelegraph\u2019s request for comment, while Dunamu declined to comment.<\/p>\n<h2>AI growth supports broader expansion<\/h2>\n<p>The digital asset initiative comes amid Samsung SDS\u2019 ongoing expansion in AI and cloud services, which helped lift Q2 revenue 5.9% year on year to 3.72 trillion Korean won ($2.6 billion), according to the quarterly earnings presentation.<\/p>\n<p>Cloud revenue increased 17% from a year earlier, with external cloud business revenue jumping 75%, driven by demand for Samsung\u2019s cloud platform and graphics processing unit-as-a-service offerings.<\/p>\n<p>The company also reportedly outlined ambitious plans to expand its AI infrastructure from 110 megawatts today to 230 MW by 2029 and more than 800 MW by 2031, underscoring its broader push to build AI infrastructure alongside digital finance services.<\/p>\n<p><em><strong>Magazine: <\/strong><\/em><a href=\"https:\/\/cointelegraph.com\/magazine\/ai-hasnt-unleashed-a-defi-hackpocalypse-but-its-making-every-weakness-more-dangerous\" rel=\"nofollow noopener\" target=\"_blank\"><em><strong>Fears of AI-driven DeFi hack epidemic overstated for now \u2014 but not for long<\/strong><\/em><\/a><\/p>\n<p class=\"btc-ct-attr\"><em>Source: <a href=\"https:\/\/cointelegraph.com\/news\/samsung-sds-stablecoin-infrastructure-dunamu\" rel=\"noopener noreferrer\" target=\"_blank\">Cointelegraph<\/a> \/ Helen Partz<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Samsung SDS is discussing stablecoin infrastructure and AI-based payment models with Dunamu, the operator of South Korean crypto exchange Upbit.<\/p>\n","protected":false},"featured_media":489,"template":"","btc_ct_section":[7],"class_list":["post-488","btc_ct_news","type-btc_ct_news","status-publish","has-post-thumbnail","hentry","btc_ct_section-latest"],"_links":{"self":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/btc_ct_news\/488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/btc_ct_news"}],"about":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/types\/btc_ct_news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/media\/489"}],"wp:attachment":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=488"}],"wp:term":[{"taxonomy":"btc_ct_section","embeddable":true,"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fbtc_ct_section&post=488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}