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South Korean payment gateway operator NHN KCP has signed a memorandum of understanding (MOU) with LINE NEXT Inc., the Web3 subsidiary of the messaging giant LINE, to broaden the use of stablecoin-based payments, according to a report from Newsis. The partnership aims to integrate NHN KCP’s domestic merchant network with Unifi, LINE NEXT’s global digital…

NHN KCP, a South Korean payments company, said Aug. 20 that it signed a memorandum of understanding with global Web3 platform company LINE NEXT to expand stablecoin-based payment services.

The US Treasury said Wednesday it will at least double the size of its long-end debt buybacks. The 30-year yield reversed sharply from a 19-year high, and Bitcoin climbed past $65,000.