Kakao Pay and KakaoBank to explore stablecoins with Fireblocks
South Korean financial companies Kakao Pay and KakaoBank signed an MoU with Fireblocks to explore digital asset opportunities, including stablecoins, and will run proof-of-concept tests.
South Korean financial companies Kakao Pay and KakaoBank have signed a memorandum of understanding with crypto infrastructure provider Fireblocks to explore digital asset opportunities, including stablecoins. Under the agreement, the companies will conduct proof-of-concept tests for digital asset use cases.