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Crypto

BDACS CSO Kim Tak-jong says won stablecoin should target payment areas previously hard to reach

Digital asset infrastructure company BDACS held a Korea Blockchain Week 2026 side event with Circle, Kyobo Life Insurance and SBI Holdings. Participants from financial institutions and the digital asset industry discussed directions for developing stablecoin-based financial infrastructure. BDACS presented use cases for a won stablecoin and demonstrated an onchain exchange of KRW1 and USDC in a testnet environment using Circle’s StableFX program.

Finance

P2P lenders gain momentum as rules ease; financial CEO appointments gather pace

Korea\'s online investment-linked finance industry is accelerating mid-rate lending to mid-to-low credit borrowers and sole proprietors after regulatory improvements. The Financial Services Commission plans to raise self-funding investment limits and financial-company linked investment caps, and expand limits for general investors. Major financial institutions are also stepping up CEO selection processes, while regulators tighten oversight of bank asset quality, governance and internal controls. Payment and digital-asset businesses widen partnerships and services.

Crypto

Kakao group expands digital asset ties with Grab, SCBX and others

Kakao group is expanding cooperation with domestic and overseas platform, financial and digital asset companies to build a won stablecoin ecosystem. Kakao, KakaoBank and KakaoPay signed MOUs with firms including Grab, SCBX, Kyobo Life Insurance and Bonanza Factory. The group is preparing collaboration across issuance, distribution, payments and remittances. It is also pursuing partnerships with Circle Internet Group and Fireblocks to build digital asset infrastructure.