MoonPay launches Korea operations, targeting won stablecoins, cross-border payments and digital asset infrastructure across Asia.
- MoonPay has launched its Korean subsidiary to serve as a hub for Asian expansion, focusing on won stablecoins and cross-border payments.
- The company plans to partner with major Korean financial institutions like Woori Bank, KB Financial Group, and KakaoBank to integrate its digital asset infrastructure with local payment systems.
- MoonPay will provide the underlying infrastructure for stablecoin issuers rather than issuing its own won-denominated stablecoin, navigating South Korea's evolving digital asset regulations.
Topics: Jurisdictions, Infrastructure providers, Integration with defi, Emerging hubs, Tokenization platforms, Rwa collateral lending
Tags: #moonpay #southkorea #stablecoins #crossborderpayments #digitalassetinfrastructure #wonstablecoins #remittances #financialinstitutions #assettokenization #regulatoryapproval
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