{"id":159211,"date":"2026-04-06T15:00:20","date_gmt":"2026-04-06T15:00:20","guid":{"rendered":"https:\/\/chainrumors.com\/index.php\/2026\/04\/06\/south-korean-fintech-toss-targets-web3-finance-with-proprietary-mainnet-and-24-stablecoin-trademarks-crypto-news-bitcoin-news\/"},"modified":"2026-04-06T15:30:42","modified_gmt":"2026-04-06T15:30:42","slug":"south-korean-fintech-toss-targets-web3-finance-with-proprietary-mainnet-and-24-stablecoin-trademarks-crypto-news-bitcoin-news","status":"publish","type":"post","link":"https:\/\/chainrumors.com\/index.php\/2026\/04\/06\/south-korean-fintech-toss-targets-web3-finance-with-proprietary-mainnet-and-24-stablecoin-trademarks-crypto-news-bitcoin-news\/","title":{"rendered":"South Korean Fintech Toss Targets Web3 Finance With Proprietary Mainnet and 24 Stablecoin Logos \u2013 Crypto Information Bitcoin Information"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li>Toss, operated by Viva Republica, is constructing an L1 <span>blockchain<\/span> mainnet and native coin to energy its 30 million-user monetary platform.<\/li>\n<li>South Korea\u2019s pending Digital Asset Primary Legislation has delayed ultimate choices on whether or not Toss pursues an L1 or <span>L2<\/span> strategy.<\/li>\n<li>A <span>Stablecoin<\/span> Activity Pressure led by Chief Enterprise Officer Kyuha Kim filed 24 KRW <span>stablecoin<\/span> logos in June 2025, together with \u201cTOSSKRW.\u201d<\/li>\n<\/ul>\n<h2>South Korea\u2019s Toss Recruits <span>Blockchain<\/span> Engineers as Mainnet Plans Advance in 2026<\/h2>\n<p>The fintech firm Toss serves roughly 30 million registered customers, near 60% of South Korea\u2018s inhabitants. Toss already operates Toss Financial institution, Toss Securities, and Toss Funds below a single tremendous app. A <span>blockchain<\/span> mainnet would prolong that infrastructure into onchain finance, giving the corporate direct management over charges, governance, and software improvement.<\/p>\n<p>Blockmedia reported that Toss is weighing two paths: constructing a full layer one (L1) community from scratch or deploying a layer two ( <span>L2<\/span>) answer on prime of an current chain. An inside supply instructed the outlet that groups are nonetheless deciding, with a ultimate name contingent on progress in South Korea\u2019s Digital Asset Primary Legislation.<\/p>\n<p>A devoted <span>Stablecoin<\/span> Activity Pressure, led by Chief Enterprise Officer Kyuha Kim, is already working inside the corporate. In June 2025, Toss filed logos for twenty-four Korean gained stablecoin names, together with \u201cTOSSKRW.\u201d The corporate has been recruiting <span>blockchain<\/span> engineers since February 2026, posting roles masking pockets programs, API and transaction processing, <span>node<\/span> operations, cryptographic signing, and monetary compliance.<\/p>\n<p>Toss additionally confirmed it&#8217;s creating a Web3 pockets constructed straight into the prevailing app, requiring no separate obtain. The pockets would assist digital asset storage, transfers, funds, and tokenized securities administration.<\/p>\n<p>An organization spokesperson confirmed the path in an announcement:<\/p>\n<blockquote>\n<p>\u201cWe view digital asset-based monetary infrastructure as an vital future space and are getting ready for it. We&#8217;re actively recruiting gifted people with related experience and broadly contemplating collaborations with numerous companion firms, prioritizing expertise acquisition.\u201d<\/p>\n<\/blockquote>\n<p>On the 2026 Seoul <span>Blockchain<\/span> Meetup Convention in March, Company Improvement Director Website positioning Chang-whoon launched the corporate\u2019s \u201cCash 3.0\u201d framework. The idea facilities on programmable cash utilizing <span>sensible contracts<\/span>, borderless finance working with out restrictions on foreign money, geography, or time, and a <span>stablecoin<\/span> issuance and distribution technique tied to actual monetary providers.<\/p>\n<p>The presentation included a proof-of-concept linking its SohoScore small-business credit score mannequin with <span>sensible contracts<\/span> for automated lending. Proudly owning a mainnet provides Toss the flexibility to design its personal price construction and repair guidelines, avoiding dependence on exterior chains or publicity to third-party governance adjustments.<\/p>\n<p>Consultants cited by Blockmedia famous this can be a key benefit over constructing on public networks. Prof. Seokjin Hwang of Dongguk College remarked that unbiased infrastructure avoids exterior dependencies and improves enterprise scalability. Seungik Yoon of Tiger Analysis defined {that a} customized <span>L2<\/span> on a confirmed community might permit sooner tokenization.<\/p>\n<p>Toss just isn&#8217;t the one Korean crypto-adjacent firm pursuing proprietary chain infrastructure. Dunamu, operator of Upbit, is creating Kiwachain, an Ethereum <span>L2<\/span> community. Hashed is advancing Maru, an L1 targeted on Korean gained stablecoins. Toss would enter that competitors with a considerably bigger current person base.<\/p>\n<p>Regulatory circumstances stay a constraint. South Korea has not but enacted the Digital Asset Primary Legislation, and present commerce settlement and overseas change legal guidelines complicate stablecoin issuance. Toss has structured its complete blockchain recruitment and planning effort round compliance readiness, based on the report.<\/p>\n<p>The corporate additionally disclosed it&#8217;s exploring partnerships with KB Monetary and Samsung Card as a part of its digital asset infrastructure plans. Neither agency has made public statements on these discussions.<\/p>\n<p>Toss reported its first worthwhile yr in 2024, with consolidated income of 1.956 trillion Korean gained, or roughly $1.4 billion, a 43% improve yr over yr. The corporate is focusing on a U.S. IPO in 2026 at a valuation above $10 billion.<\/p>\n<p>No launch date or technical specs for the mainnet have been confirmed. Plans stay within the dialogue part, and the corporate\u2019s subsequent steps depend upon each regulatory readability and an inside determination on L1 versus L2 structure.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/south-korean-fintech-toss-targets-web3-finance-with-proprietary-mainnet-and-24-stablecoin-trademarks\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways: Toss, operated by Viva Republica, is constructing an L1 blockchain mainnet and native coin to energy its 30 million-user monetary platform. South Korea\u2019s pending Digital Asset Primary Legislation has delayed ultimate choices on whether or not Toss pursues an L1 or L2 strategy. A Stablecoin Activity Pressure led by Chief Enterprise Officer Kyuha [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":159213,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[33],"tags":[64,43,46,42,117,44,45,629,226,1540,2130,104,47,7959,1102,290,1127,10112,8917,202],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>South Korean Fintech Toss Targets Web3 Finance With Proprietary Mainnet and 24 Stablecoin Logos \u2013 Crypto Information Bitcoin Information - Chain Rumors<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/chainrumors.com\/index.php\/2026\/04\/06\/south-korean-fintech-toss-targets-web3-finance-with-proprietary-mainnet-and-24-stablecoin-trademarks-crypto-news-bitcoin-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Korean Fintech Toss Targets Web3 Finance With Proprietary Mainnet and 24 Stablecoin Logos \u2013 Crypto Information Bitcoin Information - Chain Rumors\" \/>\n<meta property=\"og:description\" content=\"Key Takeaways: Toss, operated by Viva Republica, is constructing an L1 blockchain mainnet and native coin to energy its 30 million-user monetary platform. 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South Korea\u2019s pending Digital Asset Primary Legislation has delayed ultimate choices on whether or not Toss pursues an L1 or L2 strategy. 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