KakaoBank Mulls South Korean Won-Backed Stablecoin Launch by 2025: Report
South Korean KakaoBank is reportedly entering the growing stablecoin market with plans to launch a KRW-backed stablecoin this year. The company CFO Kwon Tae-hoon said at KakaoBank’s first-half 2025 earnings call on Tuesday that the bank is “reviewing various methods such as issuance and custody related to the digital asset ecosystem.” “We plan to engage…
