Quick Breakdown
- Sui partners with t’order to launch KRW stablecoin payments across Korea’s retail market.
- Nationwide rollout promises ultra-low fees, saving small businesses nearly $100 million annually.
- Integration of QR code and facial recognition technology enables fast, secure onchain transactions.
Sui Foundation has announced a landmark partnership with Korean table-ordering giant t’order to launch next-generation KRW stablecoin payments across the country. The collaboration aims to transform everyday commerce by integrating blockchain-based payment infrastructure into one of Korea’s largest restaurant and retail networks.
🇰🇷 Korea is about to get a payments upgrade.
t\’order, the nation’s #1 table-ordering platform, is teaming up with Sui to roll out KRW stablecoin payments at scale.
300K+ POS devices. $4.3B in annual volume. Powered by Sui + Walrus for speed, security & onchain data integrity.… pic.twitter.com/kjqrjhF4LI
— Sui (@SuiNetwork) September 25, 2025
Stablecoin payments enter mainstream Korean commerce
The deal gives Sui direct access to t’order’s extensive real-time ordering and payment system, which processes roughly $350 million in monthly transactions. A native KRW stablecoin on Sui will enable instant, secure transactions supported by Walrus, a cost-efficient on-chain data solution for processing loyalty and transaction records. By leveraging QR code and facial recognition “Face Pay” technology, the partnership brings stablecoin functionality to hundreds of thousands of point-of-sale devices nationwide, ensuring speed, transparency, and broad consumer adoption.
Christian Thompson, Managing Director of Sui Foundation, said the rollout positions Sui at the forefront of stablecoin adoption. Once live, the system targets a Korean food service market exceeding 190 trillion KRW, offering a new way for millions of consumers to pay while reducing friction for merchants.
Boost for small businesses through ultra-low fees
t’order’s zero-fee payment gateway model already helps small business owners avoid traditional card processing costs. The Sui integration is projected to slash transaction fees to about KRW 13 per payment, less than one cent in USD, replacing average card charges of 2.5%. This shift could save small businesses an estimated KRW 150 billion (nearly $100 million USD) annually while enabling rapid, nationwide rollout of stablecoin rewards and settlement systems.
With the ability to manage approximately 300,000 connected point-of-sale devices simultaneously, t’order’s infrastructure positions Sui’s KRW stablecoin as a practical alternative to conventional payment rails, accelerating blockchain adoption in one of Asia’s most dynamic retail markets.
In a parallel move for institutional adoption, Fireblocks and Circle have formed a strategic alliance to combine Circle’s USDC network with Fireblocks’ custody, tokenization, and payments infrastructure, aiming to accelerate stablecoin integration across global financial institutions and strengthen blockchain-based finance worldwide.
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