Regulation· ★★★· neutral·

KakaoPay CEO urges faster stablecoin rules for AI-agent payments

  • —KakaoPay is the only Korean founding member of the x402 Foundation, launched in April
  • —It completed won-stablecoin tests with KB Kookmin Bank and in its KakaoPay Money wallet
  • —South Korea's digital asset bill is stalled in parliament over who may issue stablecoins
Why it matters: Delays to the digital asset bill push back won-stablecoin launches and leave Korea lagging in stablecoin payments.
Source: Bloomingbit