KakaoPay plans to build a “super wallet” that will allow users to hold stablecoins and tokenized assets as the South Korean fintech company prepares for the next stage of digital finance.
Speaking at the Digital Asset Investment Insights Forum (DAIF) 2026 in Seoul, Chief Executive Shin Won-keun said on-chain finance has become one of the biggest changes in global financial markets. He said KakaoPay aims to connect remittances, payments, and financial services with stablecoins through its wallet, making blockchain services easier for users without requiring technical knowledge.
🇰🇷 JUST IN : KAKAO PAY TO BUILD SUPER WALLET INTEGRATING DIGITAL ASSETS pic.twitter.com/OqF33X8V00
— Tiger Research (@tiger_research_) July 2, 2026
Shin said the company is building blockchain infrastructure and working with financial institutions and stablecoin providers while South Korea continues discussions on the Digital Asset Basic Act.
KakaoPay ties its digital asset plans to new regulations
KakaoPay’s goal is to connect financial services already used by around 40 million people with stablecoins and tokenized assets through a single wallet integrated into KakaoTalk.
Shin said legal certainty will be essential before those services can reach the mainstream. He argued that South Korea’s Digital Asset Basic Act and ongoing discussions around stablecoins and tokenized securities will determine how quickly the country’s financial sector can compete internationally.
The real competition may not be crypto exchanges anymore
For years, crypto exchanges were expected to be the main gateway into digital assets. Companies like KakaoPay already have tens of millions of users who rely on them every day for payments, transfers, bills, and shopping. If those platforms add stablecoins and tokenized assets, they could introduce blockchain services to a much larger audience than crypto exchanges have reached on their own.
In China, payment platforms such as Alipay and WeChat Pay transformed digital payments by building on services people were already using instead of asking them to adopt entirely new financial apps.
Payments industry executives say the future of digital finance depends on reducing friction in moving money. That has strengthened expectations that blockchain services will increasingly be built into everyday payment platforms, making cross-border payments and liquidity management more efficient.
That would also change how digital assets are used. Instead of being seen mainly as trading instruments, stablecoins could become part of everyday financial activity, while tokenized funds, bonds, and other assets sit alongside cash balances in the same wallet.
In another development, KakaoBank is actively preparing to enter the stablecoin market, a major move as the country ushers in a new regulatory era for cryptocurrencies.
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