
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