KakaoBank to Add Crypto Wallet in App, Accelerate Stablecoin Push
Summary
- KakaoBank said it has begun recruiting stablecoin-related staff as it moves to offer a cryptocurrency, or digital-asset, wallet service through its app.
- KakaoBank said it is pushing to add a crypto wallet by hiring staff to handle the planning and launch of its stablecoin business.
- KakaoBank said it will offer an in-app wallet service built around a won-denominated stablecoin that links remittances, payments and investing.
Forecast Trend Report by Period
KakaoBank Corp. plans to offer a cryptocurrency wallet service through its app.
According to industry officials on May 28, KakaoBank recently began recruiting staff for stablecoin-related roles. The job posting says the role will be responsible for planning and launching the company's stablecoin business.
The hiring move marks the start of KakaoBank's plan to add a crypto wallet to its app. The company said it is preparing services that will allow customers to use digital assets more seamlessly. KakaoBank added that it plans to offer an in-app wallet service based on a won-denominated stablecoin, linking remittances, payments and investing beyond the limits of traditional account-based finance.
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