Chainlink signs Project Hangang contractor LG CNS to expand Korean won stablecoins

LG CNS, LG Group’s IT arm and lead contractor on the Bank of Korea’s Project Hangang digital currency platform, said on Oct. 22, 2026 it would partner with Chainlink to support won-pegged stablecoins and institutional digital asset infrastructure in South Korea. LG CNS will add Chainlink’s cross-chain, data and orchestration technology to its Digital Asset Platform Solution, connecting blockchain networks with institutional systems; Chainlink is a decentralized oracle network that feeds smart contracts data. The companies estimate the won stablecoin segment has more than 11 million eligible users in a $68 billion Korean market. South Korea lacks a legal basis for commercial won stablecoins, and the Digital Asset Basic Act is in final government review before legislative discussion in November 2026.