Sui Partners With t’Order for Stablecoin Payments in South Korea

South Korea is moving closer to mainstream digital payments. Sui has partnered with t’Order, the country’s largest table ordering service, to allow stablecoin payments in daily transactions. The partnership aims to combine Sui’s blockchain with t’Order’s wide point-of-sale network for smoother, faster, and cheaper payments.

This step reflects a growing trend in South Korea to create domestic stablecoins that rely less on dollar-pegged tokens. Using won-pegged stablecoins could make digital payments safer, more transparent, and more affordable for businesses and consumers.

Collaboration Between Sui and t’Order

On September 24, Sui announced on its blog that it will add QR code and facial recognition technology to make payments easier. Details about the launch date and the issuing organization were not shared, but the move shows growing interest in stablecoins in South Korea.

The focus will be on the country’s food service market, worth about 190 trillion KRW. t’Order, which handles over $4.3 billion in annual transactions, is a strong platform for testing blockchain payments. Using a won-pegged stablecoin could lower card fees and speed up settlements, which would help small restaurants and cafes.

With QR codes and facial recognition built into t’Order, payments could become instant. Loyalty rewards could also be linked directly to transactions, making it easier for users to earn rewards while spending. All transaction and loyalty data will be stored on Walrus, a decentralized storage system on the Sui blockchain. This ensures transparency and security for businesses using crypto payments.

South Korea’s Stablecoin Strategy

South Korea has been promoting domestic stablecoins over the past year. Local institutions are testing won-pegged tokens to reduce reliance on USDT and USDC, which can be volatile and face regulatory issues. Avalanche’s KRW1 is an example of a fully backed won-pegged stablecoin, showing that the infrastructure for domestic digital currencies is growing.

Regulators are also moving forward. A new legal framework is expected in October to set rules for issuing and backing stablecoins and ensuring transparency. This could increase trust for businesses and consumers and encourage more use of won-backed tokens for everyday payments.

Sui’s partnership with t’Order fits this trend. By building a blockchain-based payment system on a popular platform, the project could show how won-backed stablecoins work in real life.

Implications for Consumers and Businesses

The move could bring quick advantages for consumers, including faster checkout processes, integrated loyalty programs, and simpler access to digital assets without managing wallets or exchanges. Small businesses could also gain from zero-fee settlements, which may improve profits and make accounting simpler.

Christian Thompson, Managing Director of the Sui Foundation, said the partnership is about more than technology. He expects millions of consumers to enjoy smoother payments while businesses run more efficiently. Some details, like the stablecoin’s launch date and issuer, are still unclear, keeping the industry curious.

SUI token did not react immediately, but the announcement highlights a larger trend: stablecoins are being used more in consumer applications, with South Korea leading the way.

What the Partnership Could Mean?

The partnership between Sui and t’Order could be an important step for stablecoin payments in South Korea. By combining blockchain technology with a widely used commercial network, it may become a model for other industries.

Some questions remain, especially about timing and regulations, but the project shows progress toward mainstream digital payments. As people and businesses get more comfortable with stablecoins, similar uses could appear in retail, transportation, and more.