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Kaia, a Kakao subsidiary, plans to launch a Korean won stablecoin
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According to Jinse Finance, Kaia, a subsidiary of Kakao, plans to launch a Korean won-pegged stablecoin, which will be integrated into payment systems such as KakaoPay. Earlier this month, Kaia registered four trademarks related to KRW; Kakao and Kakao Pay are members of its governance committee. The South Korean National Assembly is currently reviewing a new bill that will establish licensing and reserve requirements for stablecoin issuers, providing a path to regulatory compliance.
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