BDACS and Devall Company Partner to Develop Stablecoin Cross-Border Settlement Infrastructure
South Korean crypto custodian BDACS has announced a partnership with Devall Company, the operator of the accounts receivable service Cheonggus, to build a stablecoin-based infrastructure for cross-border B2B payments. The system will allow exporters to issue invoices via Cheonggus, while overseas buyers settle payments using stablecoins like USDT and USDC. BDACS will manage asset custody and the conversion process into Korean Won, with plans to integrate payment data into corporate ERP systems for automated accounting.