South Korea's KT announces investment of 18 trillion won to enter the stablecoin market.

Coin World News reports that KT, South Korea’s largest telecommunications company, announced plans to invest 18 trillion Korean won (approximately $13.2 billion) over the next three years. The investment includes 6 trillion won for AI infrastructure and 12 trillion won for network, IT, and cybersecurity, while expanding into tokenization services and Korean won stablecoin infrastructure. KT CEO Park Yoon-young revealed this investment plan at the company’s first press conference.

The company said it will combine upgrades to its core telecommunications business with new digital finance and blockchain initiatives as part of its long-term growth strategy. KT plans to build a “token factory” to support token creation, brokerage, and billing, integrating with its planned 1GW AI data center network and existing billing technology.

KT also plans to enter a stablecoin-based digital financial market, leveraging K Bank’s 16 million user base, BC Card’s 3.5 million merchant network, and its communications and security infrastructure to support stablecoin issuance, custody, settlement, and real-world payments.