Chainlink Formalizes Partnership with LG Tech Arm for Korean Stablecoins
Chainlink expands its collaboration with LG CNS into a formal partnership to support Project Hangang, the Bank of Korea's stablecoin initiative.
Chainlink expands its collaboration with LG CNS into a formal partnership to support Project Hangang, the Bank of Korea's stablecoin initiative. Chainlink (LINK) is trading at ₹1,104 ($11.62), down 3.7% since this brief published. This is an original Token Times brief synthesising 2 outlets (Unchained, Cryptopolitan), plus live market data, as of Sat, 24 Oct 2026 13:00:01 UTC.
This partnership could accelerate the development of stablecoin infrastructure in South Korea, leveraging Chainlink's technology for secure and reliable blockchain services.
- Chainlink's full stack now integrated into LG CNS's KITL platform.
- LG CNS is the lead contractor for the Bank of Korea's Project Hangang.
- The deal follows a memorandum of understanding signed on October 6.
- Chainlink's LINK token remains relatively stable amid the news.
Unchained reports that Chainlink has formalized its partnership with LG CNS, the lead contractor for the Bank of Korea's Project Hangang, to integrate Chainlink's full technology stack into LG CNS's KITL platform. This follows an initial memorandum of understanding signed on October 6. No other outlets have reported on this development, so there are no discrepancies to note.
- Chainlink and LG CNS Partner to Expand Korean Won Stablecoin Infrastructure
- Chainlink Formalizes Partnership with LG Tech Arm for Korean Stablecoins — this brief
Chainlink has announced a formal partnership with LG CNS, the tech arm of LG Corporation, to collaborate on the development of stablecoin infrastructure in South Korea. This partnership expands on a memorandum of understanding signed on October 6, focusing on LG CNS's KITL platform.
LG CNS is the lead contractor for the Bank of Korea's Project Hangang, which aims to create a secure and reliable blockchain-based platform for financial services. The integration of Chainlink's technology stack into KITL is expected to enhance the platform's capabilities in terms of security, reliability, and interoperability.
The collaboration underscores the growing interest in blockchain and stablecoin technology among traditional financial institutions and tech companies in South Korea. As the lead contractor for Project Hangang, LG CNS's partnership with Chainlink could pave the way for broader adoption of blockchain solutions in the country's financial sector.
Chainlink's LINK token has remained relatively stable amid the news, with a slight 0.06% decrease in the past 24 hours and a 4.11% drop over the past week. The overall crypto market remains flat, with a total market cap of $2.8 trillion and a Fear & Greed index of 50, indicating a neutral sentiment.
Since this brief published about 27 hours ago, Chainlink (LINK) has moved from ₹1,147.09$12.07 to ₹1,104.32$11.62 — -3.73%, a notable move.
The chart plots LINK's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 LINK ≈ ₹1,210.75 (about $11.62), down 3.7% over 24 hours. The rupee itself trades about 9.6% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Chainlink Formalizes Partnership with LG Tech Arm for Korean — questions & answers
What is Project Hangang?
Project Hangang is the Bank of Korea's initiative to develop a blockchain-based platform for financial services, with LG CNS as the lead contractor.
How does Chainlink's technology enhance KITL?
Chainlink's technology stack is expected to improve KITL's security, reliability, and interoperability.
What is the current status of the crypto?
The overall crypto market is flat with a total market cap of $2.8 trillion and a Fear & Greed index of 50 (Neutral).
How much is 1 Chainlink worth in rupee today?
About ₹1,210.75 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $11.62. The rupee price moves with both LINK's US-dollar price and the USDT/INR rate; use our Chainlink in rupee page for any amount.
Has Chainlink's price moved since this brief was published?
LINK is down 3.73% since this brief first published — trading at ₹1,104 ($11.62) now versus ₹1,147 ($12.07) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Unchained, Cryptopolitan, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.