
Plume adds won‑denominated stablecoin to lower barriers for South Korean institutions
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KBank pushes into stablecoin wallets as South Korea IPO looms
KBank has filed 13 trademarks for stablecoin wallet brands and related software as it prepares for a planned March 5, 2026 KOSPI listing, signaling a push to productize digital-asset services ahead of the IPO. That timing intersects with a politically fraught regulatory debate — including clear reservations from the Bank of Korea about won-linked stablecoins — which could either reinforce a bank-led issuance model that favors incumbents like KBank or delay market openings that the bank is betting on.

Bank of Korea Warns Won Stablecoins Could Undermine Capital-Flow Management
The Bank of Korea has cautioned that won-denominated stablecoins pose risks to foreign-exchange stability and could be used to sidestep capital controls during periods of market stress. That warning intensifies a legislative impasse over who may issue domestic stablecoins as lawmakers weigh bank-led issuance against broader industry participation.



