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Jul 23, 2026

Circle signs stablecoin partnerships with South Korea's Kakao and Toss amid regulatory push

USDC issuer Circle Internet Group has signed separate strategic agreements with South Korea's major fintech platforms Kakao Group and Viva Republica (Toss operator) to explore stablecoin payment infrastructure, remittances, and tokenized finance as the country works to establish a digital asset regulatory framework.

Jul 23, 2026·7 sources
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Top claims

  • ▪Kakao Group plans to build digital infrastructure and foundational services for a won-backed stablecoin centered on a digital wallet named Super Wallet.
  • ▪South Korea's government listed advancing the Digital Asset Basic Act among its priorities for the second half of 2026 in its economic growth strategy announced on July 14, 2026.
  • ▪Circle Internet Group Chief Strategy Officer Dante Disparte stated that regulatory uncertainty is keeping South Korean banks and fintech firms from moving beyond pilot projects.

Topics

Stablecoin regulationInstitutional crypto partnerships & milestonesTokenizationPaymentsCrypto payments regulation
Stablecoins

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