{"id":626224,"date":"2026-07-08T11:53:18","date_gmt":"2026-07-08T11:53:18","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/07\/08\/mobile-app-toss-and-blockchain-optimism-to-conduct-korean-won-stablecoin-poc-report\/"},"modified":"2026-07-08T11:53:18","modified_gmt":"2026-07-08T11:53:18","slug":"mobile-app-toss-and-blockchain-optimism-to-conduct-korean-won-stablecoin-poc-report","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/08\/mobile-app-toss-and-blockchain-optimism-to-conduct-korean-won-stablecoin-poc-report\/","title":{"rendered":"Mobile app Toss and blockchain Optimism to conduct Korean won stablecoin POC : report"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/southkorea-2.jpg\" alt=\"Mobile app Toss and blockchain Optimism to conduct Korean won stablecoin POC : report\" class=\"type:primaryImage\" \/><\/p>\n<p>Toss has reportedly partnered with Optimism and Sunnyside Labs for a proof of concept on the feasibility of a Korean won-based stablecoin for payments.<\/p>\n<p>Viva Republica, the operator of South Korea-based mobile money transfer app Toss, reportedly signed a memorandum of understanding with blockchain company Optimism to test a Korean won-based stablecoin infrastructure for institutional payments.<\/p>\n<p>The companies, along with privacy solutions provider Sunnyside Labs, will conduct a three-month proof of concept (PoC) using Optimism&#8217;s OP Stack and Sunnyside&#8217;s Privacy Boost protocol to develop a Korean won-based stablecoin and assess whether these technologies can be applied to domestic blockchain-based payment infrastructure for financial institutions, <a href=\"https:\/\/www.yna.co.kr\/view\/AKR20260708046900017\">reported<\/a> Yonhap News on Wednesday.<\/p>\n<p>The PoC will explore whether financial institutions can control the settlement process, the feasibility of implementing know-your-customer (KYC) and anti-money laundering (AML) verification requirements and whether transactions can remain private on a public blockchain ledger.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/south-korea-toss-partners-optimism-won-stablecoins\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Toss has reportedly partnered with Optimism and Sunnyside Labs for a proof of concept on the feasibility of a Korean won-based stablecoin for payments. Viva Republica, the operator of South Korea-based mobile money transfer app Toss, reportedly signed a memorandum of understanding with blockchain company Optimism to test a Korean won-based stablecoin infrastructure for institutional [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":626225,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-626224","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/626224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=626224"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/626224\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/626225"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=626224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=626224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=626224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}