MoonPay Launches South Korea Unit, Bets on Banks to Bridge Fiat and Digital Assets
- —Korean subsidiary launched September 29, 2026, as a base for wider Asian expansion
- —MoonPay is pursuing partnerships with Woori Bank, KB Financial and KakaoBank
- —Focus areas: remittances, payments, settlement and overseas distribution of Korean digital assets
- —Finger acquired for 110 billion won (~$81 million) with Sungho Electronics
Why it matters: A major payments firm is embedding stablecoin rails into South Korea's banking infrastructure, accelerating institutional adoption of digital assets in Asia.
Source: The Coin Republic