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Hecto Financial Integrates with Circle Payments Network to Enable Stablecoin-Based Payments

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Hecto Financial Integrates with Circle Payments Network to Enable Stablecoin-Based Payments
Business

Business

Hecto Financial Integrates with Circle Payments Network to Enable Stablecoin-Based Payments

2026-02-03 07:46 Last Updated At:08:05

SEOUL, South Korea, Feb. 3, 2026 /PRNewswire/ -- Hecto Financial, a regulated financial services provider in South Korea, announced today its integration with Circle Payments Network (CPN). The integration provides Hecto Financial with access to a global settlement infrastructure for cross-border payments using regulated stablecoins such as USDC.

Moving forward, Hecto Financial plans to streamline overseas remittance and settlement procedures through CPN, in alignment with domestic regulatory standards in South Korea, to provide faster and more secure cross-border payment services to both domestic and international customers.

Operated by Circle Technology Services, LLC, an affiliate of Circle Internet Group, Inc. (NYSE: CRCL), CPN connects financial institutions, payment providers, and fintechs to facilitate programmable, always-on settlement using stablecoins such as USDC and EURC. The network is designed to unify traditional and blockchain-based payment systems while eliminating intermediaries and supporting real-time settlement.

Through CPN, Hecto Financial aims to enhance the speed, efficiency, and global reach of its cross-border payment services for enterprise clients and platform partners. Supported use cases include B2B payments, remittances, and treasury flows.

"As financial infrastructure evolves, we see an opportunity to offer clients new ways to move value quickly across borders in a compliant manner," said Jong-won Choi, CEO of Hecto Financial. "In line with the global shift toward stablecoin-centered financial infrastructure, Hecto Financial aims to help establish a foundation for the KRW-based digital payment ecosystem to expand into global markets and contribute to enhancing the international standing of the Korean Won."

"Hecto Financial's integration with Circle Payments Network supports the delivery of near-instant cross-border payments across key global corridors," said Irfan Ganchi, SVP of Product Management, Payments at Circle. "By connecting to CPN, Hecto enables programmable money movement that aligns with the demands of today's digital economy."

This integration builds on Hecto Financial's participation in the October 2025 public testnet of Arc, Circle's enterprise-grade layer-1 blockchain designed as the Economic Operating System (OS) for the internet, where it joined over 100 institutions in validating early infrastructure use cases.

About Hecto Financial

Hecto Financial (KOSDAQ: 234340) is a leading, regulated financial services provider in South Korea, offering a comprehensive suite of integrated payment solutions and financial infrastructure. The company specializes in virtual accounts, automated settlement systems, and innovative cross-border payment services. Leveraging its robust domestic network and advanced technological capabilities, Hecto Financial is at the forefront of modernizing financial services by bridging traditional banking systems with digital assets and blockchain-based settlement networks. The company is committed to delivering secure, compliant, and efficient financial tools for enterprise clients and platform partners globally.

About Circle Payments Network

Circle Technology Services, LLC (CTS) is the operator of Circle Payments Network (CPN) and offers products and services to financial institutions that participate in CPN to facilitate their CPN access and integration. CPN connects participating financial institutions around the world, with CTS serving as the technology service provider to participating financial institutions. While CTS does not hold funds or manage accounts on behalf of customers, we enable the global ecosystem of participating financial institutions to connect directly with each other, communicate securely, and settle directly with each other. CTS is not a party to transactions between participating financial institutions facilitated by CPN who use CPN to execute transactions at their own risk. Use of CPN is subject to the CPN Rules and the CPN Participation Agreement between CTS and a participating financial institution.

SEOUL, South Korea, Feb. 3, 2026 /PRNewswire/ -- Hecto Financial, a regulated financial services provider in South Korea, announced today its integration with Circle Payments Network (CPN). The integration provides Hecto Financial with access to a global settlement infrastructure for cross-border payments using regulated stablecoins such as USDC.

Moving forward, Hecto Financial plans to streamline overseas remittance and settlement procedures through CPN, in alignment with domestic regulatory standards in South Korea, to provide faster and more secure cross-border payment services to both domestic and international customers.

Operated by Circle Technology Services, LLC, an affiliate of Circle Internet Group, Inc. (NYSE: CRCL), CPN connects financial institutions, payment providers, and fintechs to facilitate programmable, always-on settlement using stablecoins such as USDC and EURC. The network is designed to unify traditional and blockchain-based payment systems while eliminating intermediaries and supporting real-time settlement.

Through CPN, Hecto Financial aims to enhance the speed, efficiency, and global reach of its cross-border payment services for enterprise clients and platform partners. Supported use cases include B2B payments, remittances, and treasury flows.

"As financial infrastructure evolves, we see an opportunity to offer clients new ways to move value quickly across borders in a compliant manner," said Jong-won Choi, CEO of Hecto Financial. "In line with the global shift toward stablecoin-centered financial infrastructure, Hecto Financial aims to help establish a foundation for the KRW-based digital payment ecosystem to expand into global markets and contribute to enhancing the international standing of the Korean Won."

"Hecto Financial's integration with Circle Payments Network supports the delivery of near-instant cross-border payments across key global corridors," said Irfan Ganchi, SVP of Product Management, Payments at Circle. "By connecting to CPN, Hecto enables programmable money movement that aligns with the demands of today's digital economy."

This integration builds on Hecto Financial's participation in the October 2025 public testnet of Arc, Circle's enterprise-grade layer-1 blockchain designed as the Economic Operating System (OS) for the internet, where it joined over 100 institutions in validating early infrastructure use cases.

About Hecto Financial

Hecto Financial (KOSDAQ: 234340) is a leading, regulated financial services provider in South Korea, offering a comprehensive suite of integrated payment solutions and financial infrastructure. The company specializes in virtual accounts, automated settlement systems, and innovative cross-border payment services. Leveraging its robust domestic network and advanced technological capabilities, Hecto Financial is at the forefront of modernizing financial services by bridging traditional banking systems with digital assets and blockchain-based settlement networks. The company is committed to delivering secure, compliant, and efficient financial tools for enterprise clients and platform partners globally.

About Circle Payments Network

Circle Technology Services, LLC (CTS) is the operator of Circle Payments Network (CPN) and offers products and services to financial institutions that participate in CPN to facilitate their CPN access and integration. CPN connects participating financial institutions around the world, with CTS serving as the technology service provider to participating financial institutions. While CTS does not hold funds or manage accounts on behalf of customers, we enable the global ecosystem of participating financial institutions to connect directly with each other, communicate securely, and settle directly with each other. CTS is not a party to transactions between participating financial institutions facilitated by CPN who use CPN to execute transactions at their own risk. Use of CPN is subject to the CPN Rules and the CPN Participation Agreement between CTS and a participating financial institution.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Hecto Financial Integrates with Circle Payments Network to Enable Stablecoin-Based Payments

Hecto Financial Integrates with Circle Payments Network to Enable Stablecoin-Based Payments

SEATTLE, Feb. 3, 2026 /PRNewswire/ -- Tineco today shared its design-led vision for modern floor care, highlighting how thoughtful engineering and human-centered thinking continue to shape more intuitive, effortless cleaning experiences. The approach reflects a broader evolution in how floor care fits naturally into everyday living.

In today's homes, innovation is no longer judged by how advanced it sounds, but by how seamlessly it integrates into daily life. For Tineco, smart living has never been about adding complexity. Instead, it begins with thoughtful design—designed to reduce effort, remove decision-making, and create cleaning experiences that simply feel right.

Across its product portfolio, Tineco has built a reputation not only for performance, but for a design philosophy rooted in real consumer behavior. Each design choice is guided by one principle: make everyday living feel effortless.

Intelligence that works quietly in the background

One of the most defining examples of this philosophy is Tineco's iLoop smart sensor technology. Rather than asking users to adjust modes, settings, or power levels, iLoop continuously senses real-time conditions and automatically adapts key performance elements—such as water flow, suction power, and brush movement—based on actual cleaning needs.

This intelligent balance allows products to deliver optimal performance without unnecessary resource use. By adjusting only when needed, iLoop helps extend runtime, reduce water replacement frequency, and maintain consistent cleaning results from start to finish. More importantly, it removes the mental load from the user. The product makes the decisions, so users don't have to.

Developed from a consumer-first perspective, iLoop has become a core design foundation across Tineco's floor washers, vacuum cleaners, and carpet cleaning solutions—reflecting a brand belief that true intelligence should feel invisible, intuitive, and reassuring.

Designed around how people actually move

Effortless cleaning is not only about intelligence — it's also about how a product feels in use. From the early S3 series, Tineco began redefining what a floor washer could be, and with each generation, the brand has continued to refine the physical interaction between user and machine through extensive user testing and long-term feedback.

Over time, Tineco re-engineered key structural elements, including repositioning water tanks from the front of the body to the rear and eventually integrating them closer to the top of the brush head. These changes were driven by real-world usage studies, aimed at improving balance, reducing wrist strain, and creating a more natural cleaning posture.

Building on this foundation, later generations introduced assisted movement technologies that respond to user motion, subtly supporting both forward and backward movement. This approach allows the product to glide smoothly with minimal effort, creating a lighter, more controlled experience—especially during extended cleaning sessions.

Rethinking everyday categories through design

Tineco's design thinking also extends to reimagining product categories that have traditionally been associated with heavy, infrequent use. In carpet care, conventional cleaners are often bulky and physically demanding, leading many households to use them infrequently, despite the investment.

By rethinking weight distribution and integrating clean and dirty water into a single, top-mounted tank positioned closer to the ground, Tineco redesigned the carpet cleaning experience to feel more balanced and approachable. Combined with assisted movement that helps guide the product across carpets, this design reduces physical strain and encourages more frequent, practical use.

This reimagined approach to carpet care is exemplified by the Carpet One Cruiser, which was recognized by TIME as one of its Best Inventions of 2025—an acknowledgment of how thoughtful design can transform everyday categories and make powerful tools genuinely accessible.

When products belong naturally in the home

As a brand that has played a key role in shaping the modern floor washer category, Tineco also believes that performance should coexist with living spaces—not compete with them. Over time, consumer feedback revealed a shift in expectations: cleaning appliances were no longer meant to be hidden away, but to exist naturally within modern interiors.

Beginning with the S9 Series, Tineco elevated material quality, refined proportions, and simplified its visual language. The result is a new generation of floor washers designed to sit comfortably within living rooms or bedrooms, complementing different interior styles while reinforcing a sense of pride and trust in ownership.

Designing for life, not just cleaning

For Tineco, smart design is not about chasing features—it's about understanding how people live, move, and feel in their homes. By combining intelligent sensing, ergonomic engineering, and refined aesthetics, the brand continues to shape cleaning experiences that feel intuitive, balanced, and quietly powerful.

When design works well, it doesn't demand attention—it simply makes everyday life easier.

About Tineco

Tineco ("tin-co") was founded in 1998 with its first product launch as a vacuum cleaner and, in 2019, pioneered the first-ever smart vacuum. Today, the brand has evolved into a global leader in intelligent appliances spanning floor care, kitchen, and personal care categories. With a growing user base of over 23 million households and availability in approximately 30 countries worldwide, Tineco remains committed to its brand vision of making life easier through smart technology and continuous innovation. For more information, visit au.tineco.com.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

How Tineco Makes Everyday Living Feel Effortless

How Tineco Makes Everyday Living Feel Effortless

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