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Revolution in payment transactions: South Korean giant T’Ororder starts StableCoin!
Sui cooperates with T’Ororder in South Korea to develop a stable payment system for the hospitality industry.
Revolution in payment transactions: South Korean giant T’Ororder starts StableCoin!
On October 5, 2025, the T’Ororder, South Korea's largest provider of table orders, announced a cooperation with Sui-Blockchain to develop an infrastructure for stable coat payments. This innovative partnership aims to introduce a payment system that will be available over 300,000 point-of-sale devices across South Korea. The planned transactions are made possible by a won-bound stable coin that is implemented on the SUI network.
In a blog entry published on September 24th, the SUI network explained the details of this cooperation. The integration of modern technologies such as QR codes and facial recognition of T’Ororder is intended to ensure that the stable coin payments run smoothly and efficiently. This is particularly important, since T’ORDER processes over $ 4.3 billion in transactions every year and is committed to free payments for small companies.
Target group and market value
The focus of this initiative is in the South Korean restaurateur sector, whose market is estimated at around 190 trillion KRW. By using stablecoins, T’Ororder intends to minimize the high costs of conventional credit card handling and to promote faster digital handling. However, there is currently no concrete time frame for the start of the system or information about the issuing institution.
The partnership will also use Walrus's decentralized storage protocol to save transaction and loyalty data safely. These measures come at a time when South Korea is increasingly working to develop their own digital asset ecosystem and to reduce the dependence on dollar-bound tokens such as USDT and USDC.
Regulatory environment and future developments
In addition, local companies have accelerated their efforts to issue won-based stable coins, including the introduction of the KRW1 on the Avalanche blockchain. South Korean regulatory authorities are currently developing a legal framework for the emission of stablecoins, with a new draft law that is to be presented in October. This draft will determine requirements for conservation, internal controls and the transparency of the issuers.
At the current time, the native token of the SUI blockchain, SUI, has a decline of 3.4 % within the last 24 hours, which has reflected a continued downward movement since September 18. However, the developments related to the partnership between T’Ororder and the SUI-Blockchain could potentially mark a turning point for the use of digital currencies in the South Korean trade environment.