KBank, a South Korean internet bank, has established a "digital asset TF" task force to layout the Korean won stablecoin business.

According to Mars Finance, KBank, a South Korean internet bank, has established a "digital asset TF" task force to lay out its Korean won stablecoin business. The group has launched the 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 cross-border remittance pilot project PaxProject between South Korea and Japan.

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