# South Korea's KT Joins the Won-Stablecoin Race With a "Token Factory"

The country's largest telecom operator will fold a won-pegged stablecoin effort into a 18 trillion won ($13.2 billion) technology investment plan, as purpose-built payment chains proliferate.

- Published: 2026-07-06T10:30:26.552Z
- Canonical: https://polylog.news/crypto/2026-07-06/south-korea-s-kt-joins-the-won-stablecoin-race-with-a-token
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [crypto.news](https://crypto.news/south-koreas-kt-enters-won-stablecoin-race-with-token-factory-initiative/), [crypto.news](https://crypto.news/what-is-a-stablechain-payment-blockchains-explained/)

KT, South Korea's largest telecommunications company, is entering the won-pegged stablecoin race through a "Token Factory" initiative, part of a plan to invest 18 trillion won (about $13.2 billion) over three years, crypto.news reported. Th…

This story is for subscribers. Read it in full at https://polylog.news/crypto/2026-07-06/south-korea-s-kt-joins-the-won-stablecoin-race-with-a-token (subscription information: https://polylog.news/pricing).