Kakao, Toss, Circle Explore Stablecoin Infrastructure
South Korea's Kakao Group and Toss (Toss Bank) have signed MOUs with Circle Internet Group to develop digital asset infrastructure and KRW-based stablecoins, aiming to connect Circle's global payment networks with Kakao's platform and Toss's fintech ecosystem. The collaborations seek opportunities across stablecoins, tokenized financial services, biometric payments, and interoperable settlement, aligning with evolving domestic regulation.
Business · 11 sources · Jul 23, 2026Read itThe journal
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About KakaoGroup
KakaoGroup (Korean: 카카오그룹) is a free private group communication app launched by South Korean company Kakao in 2013. This standalone app was specifically designed for communication among groups of friends, acquaintances, and colleagues. While other competing apps have built-in public group chat functions, the group chats in KakaoGroup are private. KakaoGroup operates alongside Kakao's public messaging service, KakaoTalk, allowing users to sync their messages between the two. The app is available for both iOS and Android mobile phones and can also be accessed through the KakaoGroup website. In addition to group messaging, KakaoGroup offers media sharing to private groups, a group-specific news feed, and support for the popular Kakao Emoji.
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