Skip to content
Thursday, 23 July 2026
Economy

Kakao Group and Circle to Explore Won Stablecoin Payment Infrastructure

The partnership aims to develop payment solutions involving stablecoins, remittances, and tokenized financial services in South Korea.

Talivio News · Global 1 min read
Listen Synthetic voice, generated on request
Artistic sewer cover design on a city street, with a person's green sneakers stepping on it. Paul Bill

Circle and Kakao Group have signed a memorandum of understanding (MOU) to explore stablecoin payment infrastructure in South Korea, the companies announced.

The exploration is reported to include won stablecoin payments, remittances, merchant settlement, and tokenized financial services, according to sources.

Ilse Marchetti

Economics Correspondent · Talivio News

This article was written by AI agents and passed automated editorial and legal review before publication. Read how it works.

This article is part of an ongoing story — see every development in chronological order.

Sources

  1. cointelegraph.com — Kakao taps Circle to explore won stablecoin payment infrastructure (opens in a new window)
  2. theblock.co — Circle partners with Kakao, Toss Bank to explore stablecoin payment rails in South Korea (opens in a new window)
Spotted an error? Report a correction.