KakaoBank plans to enter the Korean stablecoin market

According to BlockBeats, on August 6th, according to The Block, KakaoBank's Chief Financial Officer, Quan Taixun, stated at the first half of 2025 earnings conference that the bank is evaluating its digital asset issuance and custody business and collaborating with Kakao Group's stablecoin working group. KakaoBank has accumulated experience in risk management such as real name account issuance and anti money laundering monitoring on cryptocurrency trading platforms, and has participated in the central bank digital currency pilot project of the Bank of Korea.