韓國，Stablecoins和在線銀行：Kakaobank的大膽舉動

韓國最大的數字銀行Kakaobank正在探索Stablecoins，有可能提高該國加密經濟的採用。這對未來意味著什麼？

South Korea's financial landscape is buzzing with activity as KakaoBank, the nation's leading online bank, prepares to dive into the stablecoin market. This move could reshape the country's rapidly growing crypto economy.

韓國的金融格局正在嗡嗡作響，隨著美國領先的在線銀行卡卡布克（Kakaobank）準備進入Stablecoin市場。這一舉動可以重塑該國迅速增長的加密經濟。

KakaoBank's Stablecoin Ambitions

Kakaobank的Stablecoin野心

KakaoBank is exploring both issuing and holding digital assets, signaling a major shift towards blockchain-based financial services. Backed by the resources of the Kakao Group, this initiative could significantly increase stablecoin adoption in South Korea.

Kakaobank正在探索發行和持有數字資產，這表明向基於區塊鏈的金融服務發生了重大轉變。在Kakao集團資源的支持下，這項倡議可能會大大增加韓國的穩定採用。

A Collaborative Effort

協作努力

This isn't a solo venture. Kakao Group has formed a dedicated stablecoin task force, bringing together leaders from KakaoBank, Kakao Pay, and the parent company. This collaboration merges banking, payments, and digital platforms, which are crucial for making stablecoins useful in everyday life.

這不是個人冒險。 Kakao Group成立了一個專門的Stablecoin工作隊，將來自Kakaobank，Kakao Pay和母公司的領導者匯集在一起。這項合作將銀行，付款和數字平台合併，這對於使穩定劑在日常生活中有用至關重要。

Stablecoins vs. Crypto Assets

Stablecoins與加密資產

Unlike speculative crypto assets, stablecoins are pegged to fiat currencies. This makes them ideal for remittances, payments, and settlements, offering more practical use cases for the average user.

與投機的加密資產不同，穩定菌與法定貨幣掛鉤。這使它們成為匯款，付款和定居點的理想選擇，為普通用戶提供更實際的用例。

Three Years in the Making

三年

KakaoBank has been building the necessary infrastructure for this transition for the past three years. They have experience providing real-name verified accounts for crypto exchanges and have been actively involved in risk management protocols like KYC (Know Your Customer) and AML (Anti-Money Laundering) systems. The bank also participated in the Bank of Korea's central bank digital currency (CBDC) pilot program.

在過去的三年中，Kakaobank一直在建立這種過渡的必要基礎設施。他們具有為加密交易所提供的真名驗證帳戶提供的經驗，並積極參與了KYC（了解您的客戶）和AML（反洗錢）系統等風險管理協議。該銀行還參加了韓國銀行中央銀行數字貨幣（CBDC）試點計劃。

Mirroring US Success?

反映我們的成功？

KakaoBank's integration with Kakao Pay and its access to Kakao's mobile platform, including the KakaoTalk messaging app, provide a comprehensive ecosystem for stablecoin issuance, distribution, and utility. This setup is similar to the successful models seen in the United States, where companies like PayPal and Stripe have integrated stablecoin functionality into their existing platforms.

Kakaobank與Kakao Pay的集成及其對Kakao移動平台的訪問，包括Kakaotalk Messaging App，為Stablecoin發行，發行和實用程序提供了全面的生態系統。該設置類似於在美國看到的成功模型，在美國，PayPal和Stripe等公司將StableCoin功能集成到其現有平台中。

Strong Financial Footing

強大的財務基礎

KakaoBank's entry into the stablecoin space comes at a time of strong financial performance. In the first half of 2025, the bank reported a net profit of 263.7 billion won, a 14% increase from the previous year. With a user base of nearly 26 million, almost half of South Korea's population, KakaoBank has a significant advantage in promoting mainstream adoption of stablecoins.

Kakaobank進入Stablecoin領域的經濟績效強勁。在2025年上半年，該銀行報告的淨利潤為2637億韓元，比上一年增長了14％。 Kakaobank擁有近2600萬的用戶群，幾乎是韓國人口的一半，在促進主流採用穩定的股份方面具有重要優勢。

The Broader Picture: Hong Kong's Stablecoin Regulations

更廣泛的情況：香港的穩定法規

While KakaoBank's move is significant, it's worth noting the regulatory landscape for stablecoins in other regions, such as Hong Kong. The Hong Kong Stablecoin Ordinance, which came into effect on August 1st, regulates stablecoins issued within Hong Kong or denominated in Hong Kong dollars. However, it doesn't cover stablecoins like USDT and USDC that are not issued in Hong Kong.

儘管Kakaobank的舉動很重要，但值得注意的是，在其他地區（例如香港）中，穩定菌的監管景觀。香港Stablecoin條例於8月1日生效，該法規調節了香港內發行或以香港為單位的stablecoins。但是，它不涵蓋不在香港發行的USDT和USDC之類的穩定幣。

Hong Kong's approach to stablecoin regulation is generally considered more conservative than that of the United States. While the US market has seen increased enthusiasm for crypto, especially with figures like Trump returning to power, Hong Kong maintains a stable, pragmatic approach.

普遍認為香港對穩定法規的方法比美國更保守。儘管美國市場對加密貨幣的熱情提高了，尤其是在特朗普等人掌權的數字中，香港仍保持穩定，務實的態度。

The Future of Stablecoins: Compliance and Innovation

Stablecoins的未來：合規性和創新

The future of stablecoins likely lies in finding a balance between compliance and innovation. As Attorney Wu Wenqian pointed out, stablecoins issued in Hong Kong may not directly compete with USDT and USDC in the open market. Instead, they may find a niche in compliant application scenarios, such as regulated on-chain asset issuance platforms.

Stablecoins的未來可能在於在合規和創新之間找到平衡。正如Wu Wenqian律師指出的那樣，在香港發行的Stablecoins可能不會直接與USDT和USDC在公開市場上競爭。取而代之的是，他們可能在合規的應用程序方案中找到一個利基市場，例如受監管的鏈資產發行平台。

Conclusion

結論

KakaoBank's foray into stablecoins could be a game-changer for South Korea's crypto economy. By leveraging its existing infrastructure and user base, KakaoBank is well-positioned to drive mainstream adoption of stablecoins. While regulatory challenges and market competition remain, the potential for stablecoins to revolutionize payments and settlements in South Korea is undeniable. So, buckle up, folks! The world of digital finance is about to get a whole lot more interesting, and South Korea is definitely one to watch!

Kakaobank進入Stablecoins可能是韓國加密經濟的改變遊戲規則。通過利用其現有的基礎架構和用戶群，Kakaobank的位置很好，可以推動穩定的主流採用。儘管仍然存在監管挑戰和市場競爭，但不可否認的是，穩定子銷售的潛力徹底改變了韓國的付款和定居點。所以，搭扣，伙計們！數字金融世界將變得更加有趣，韓國絕對是值得關注的！