KakaoBank of South Korea is "actively considering" its role in stablecoin issuance and custody

According to a report by Jinse Finance, KakaoBank CFO Kwon Tae-hoon stated during the company’s first-half earnings call on Tuesday that they are “actively considering” a role in stablecoin issuance and custody, with their involvement aligned to the country’s evolving digital asset policies. “We plan to actively participate in response to market changes,” Kwon said, adding that KakaoBank’s internal task force is working with other Kakao divisions to consolidate their strategy.