Korean internet bank KBank establishes a "Digital Asset TF" task force to develop the Korean won stablecoin business

ChainCatcher news, according to MoneyToday, South Korean internet bank KBank has established a "Digital Asset TF" task force to develop the Korean won stablecoin business.

The group has launched a digital asset brand "K-STABLE" and applied for 12 trademarks, including "KSTA." KBank plans to promote a full-process stablecoin service from issuance to payment and has participated in the Japan-Korea cross-border remittance pilot project PaxProject.