Kakao Pay and Kakao Bank announced that they have signed an MOU with digital asset infrastructure company Fireblocks to jointly explore a digital asset circulation framework in South Korea, with a focus on stablecoins. They plan to conduct PoC testing to evaluate whether the proposed solutions can meet South Korea's regulatory, security, and service requirements. Kakao Pay has previously completed a PoC for a digital asset wallet supporting stablecoin transfers, payments, and settlements, with its Kakao Pay Money service covering approximately 43 million users. Fireblocks, on the other hand, provides digital asset infrastructure to over 2,500 institutions, including more than 100 banks. (The Block) https://www.(wublock123.com)/news/kakao-signs-mou-with-fireblocks-for-digital-asset-infrastructure-68780