KakaoBank Deepens Crypto Push with Stablecoin Development

KakaoBank, a leading digital bank in South Korea, is making concrete progress on its stablecoin project. The bank recently launched a search for blockchain developers to support its ambitious endeavors, focusing on smart contract architecture and token standards. This move marks a significant step towards their vision of a stablecoin pegged to the Korean won. 2025 saw KakaoBank outline its strategic transition into digital finance, aiming to redefine itself within the financial sector.