Toss has signed a memorandum of understanding with the Korea Minting, Security Printing & ID Card Operating Corporation to jointly develop blockchain-powered payment infrastructure, showing a push toward next-generation digital payment systems in South Korea.
The agreement brings together one of the country’s largest fintech platforms and a key government-affiliated institution responsible for issuing and managing public payment systems, including local currencies and government-backed vouchers.
Blockchain payments let money move directly between users on a digital network without banks or other middlemen. Transactions are verified by the network, recorded permanently, and usually settle faster and at lower cost, especially for cross-border payments. In 2026, adoption is growing as businesses increasingly use stablecoins for cheaper international transfers, while companies like Stripe and DoorDash integrate blockchain systems for faster global payouts.
🚨 토스, 한국조폐공사와
블록체인 결제 인프라 구축 MOU 체결!①단기: 기존 지급결제 인프라 연계, 더 편한 결제
(예: 토스로 지역화폐 결제 → 별도 앱 안 켜도 됨)
②중기: 블록체인으로 새로운 결제 방식 개발
③중장기: 예금토큰·스테이블코인 등 토큰 기반 결제 실증사업 공동 추진✔️결제를… pic.twitter.com/VtaqTtWVHp
— RAINBOW (@Crypto_Rainbow1) April 23, 2026
From simplified payments to blockchain-based settlement systems
In the short term, the partnership focuses on linking existing payment systems to improve convenience for users. This includes enabling services such as regional currency payments through Toss without requiring separate applications, streamlining everyday transactions for millions of users.
The mid-term phase shifts toward the development of new blockchain-based payment models. This includes exploring how distributed ledger technology can enhance speed, transparency, and interoperability across payment networks.
Over the longer term, both organizations plan to conduct pilot projects involving tokenized deposits and stablecoin-like digital assets. These experiments are expected to test real-world use cases for blockchain-based settlement systems within regulated financial environments.
Public-private collaboration pushes digital asset infrastructure forward
The partnership combines Toss’s user base of more than 30 million people with the operational framework of a public-sector institution responsible for key financial infrastructure in South Korea.
The Korea Minting, Security Printing & ID Card Operating Corporation plays a central role in managing national payment tools, including local currency programs and public voucher systems, making it a strategic partner in digital payment modernization.
The initiative reflects a broader trend of integrating blockchain technology into mainstream financial infrastructure, with a focus on regulated experimentation rather than speculative adoption.
If successful, the project could accelerate the development of token-based payment systems and contribute to the long-term expansion of digital asset use in everyday financial transactions across South Korea.
Meanwhile, a new analysis from Pharos Research highlights a major shift in public blockchain security, warning that the industry is moving beyond smart contract audits toward full-scale institutional risk frameworks as real-world assets (RWAs) scale into the trillions.
Enjoyed this piece? Bookmark DeFi Planet, explore related topics, and follow us on Twitter, LinkedIn, Facebook, Instagram, Threads and CoinMarketCap Community for seamless access to high-quality industry insights.
“Take control of your crypto portfolio with DEFI PLANET PRO, DeFi Planet’s suite of analytical tools”
