South Korea
Digital Asset
Kakao Pay Partners with Fireblocks on Domestic Stablecoin Infrastructure
- Kakao Pay and Kakao Bank signed an MOU with Fireblocks on September 22 to build domestic digital asset ecosystem infrastructure.
- The partnership will focus on stablecoin distribution solutions suited to Korea's regulatory framework, security systems, and service environment.
- The three parties plan to conduct proof-of-concept (PoC) trials to verify real-world service feasibility.