KakaoBank Plans to Launch Own Won-Pegged Stablecoin, Seeks Fresh Hires

South Korea’s KakaoBank has embarked on its planned “Kakao Coin,” a KRW-pegged stablecoin, into the actual development phase. Kakao is reportedly establishing blockchain infrastructure for its own stablecoin and has opened new recruitment for blockchain service backend developers. The position demands a deep understanding of smart contracts and token standards. Per a local media report, the recruit will be responsible for designing new blockchain-based service structures, managing keys, and building tran ...