Kakao Pay, Kakao Bank Partner With Fireblocks on Korea Digital Assets
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Seoul, South Korea – September 21, 2026 -- Kakao Pay and Kakao Bank have signed a memorandum of understanding with Fireblocks to build secure onchain infrastructure for Korea's emerging digital asset market, with stablecoins as an initial focus area.
Three parties will test stablecoin distribution frameworks through proof-of-concept trials
Under the agreement, Kakao Pay, Kakao Bank and Fireblocks will jointly explore business opportunities based on Korea's market conditions and infrastructure demand. The companies plan to design digital asset distribution frameworks tailored to Korea's regulatory, security, and service requirements, then run proof-of-concept tests to validate their applicability.