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South Korean Internet Tech Giants Kakao Establishes Stablecoin Task Force

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2025-08-05 07:19:26
South Korean Internet Tech Giants Kakao established a stablecoin task force. Kakao CEO Shina Chung, Kakao Pay CEO Shin Won-keun, and Kakao Bank CEO YoonHo-young will attend weekly meetings to discuss various scenarios and tasks related to the project.
Other subsidiaries, including Kakao Games, are expected to join in the future. In addition, it has established working groups involving lower-level employees of the subsidiaries to actually advance the proposed agenda.
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