stable coins
By Steven Anderson
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Revenue Already Moving in the Right Direction. The digital asset push sits on top of a solid financial quarter for Samsung SDS.
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AI Infrastructure Plans Are Enormous. Separate from the Dunamu angle, Samsung SDS has laid out an AI capacity roadmap that's hard to…
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Samsung SDS is in active talks with Dunamu — the company behind South Korea's dominant crypto exchange Upbit — on building stablecoin infrastructure and AI-driven payment systems.
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The discussions came to light during Samsung SDS's second-quarter earnings call, where CEO Lee Jun-hee spoke openly about the Dunamu collaboration.
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Neither Samsung SDS nor Dunamu commented further.
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The digital asset push sits on top of a solid financial quarter for Samsung SDS. Second-quarter revenue rose 5.9% to 3.72 trillion Korean won, or roughly $2.6 billion.
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The stablecoin and digital asset work, when it materializes, would likely plug into that same cloud and security backbone.
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Separate from the Dunamu angle, Samsung SDS has laid out an AI capacity roadmap that's hard to ignore. The company currently runs 110 megawatts of AI infrastructure.
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Related: Tether Brings USDT Settlement to Nairobi Securities Exchange in Tokenization Push
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For context, that kind of AI infrastructure scale isn't just about serving internal Samsung needs.
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Stablecoin infrastructure, if Samsung SDS and Dunamu actually build it out, would benefit from exactly this kind of compute backbone.
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The stablecoin market across Asia has grown fast in recent years, with demand coming from both retail users and institutional players looking for dollar-denominated settlement…
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Unclear yet whether the Samsung SDS-Dunamu work will produce a standalone stablecoin product, a white-label infrastructure service for other financial institutions, or something…
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See also: South Koreas Stablecoin Gap: Hashed and Solana Policy Institute Push for Interim Rules
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What's probably not in doubt is that Samsung SDS wants to be the infrastructure layer — not just a passive investor — as South Korea's digital asset market matures.
The Currency Analytics
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