Kakao Group has completed technical verification to expand KakaoPay's wallet, used by about 43 million people, into an integrated wallet for on-chain assets such as stablecoins. KakaoPay tested stablecoin remittance, payment and settlement processes under large-scale concurrent access and developed interfaces for managing digital assets. KakaoBank is validating integration with its banking systems, including stability, usability, security and regulatory requirements. The group is prioritizing distribution infrastructure over direct issuance, combining KakaoPay's payment network with KakaoBank's banking capabilities to support custody, remittance, payment and settlement services once South Korea's regulatory framework is established. Kakao Group also plans to supply the wallet technology, technical support and regulatory consulting to companies and financial institutions considering won-backed stablecoins and digital assets. The timing of any launch remains dependent on legislation and regulation that have not yet been finalized.