KakaoBank Plans to Enter the South Korean Stablecoin Market

BlockBeats News, August 6th, according to The Block, KakaoBank CFO Kwon Tae-hun stated at the first half of 2025 performance release event that the bank is evaluating digital asset issuance and custody services and is collaborating with Kakao Group's stablecoin working group. KakaoBank has accumulated experience in areas such as real-name account issuance on cryptocurrency exchanges, anti-money laundering monitoring, and has participated in the Bank of Korea's central bank digital currency pilot project.