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Toss Weighs Building Its Own Blockchain and Token as Korea Finalizes Digital Asset Law

Regulatory outcomes could decide how Toss launches won‑based stablecoins.

Overview

  • Toss is exploring a proprietary blockchain and a native token, with no decision yet on a Layer 1 base chain or a Layer 2 that runs on another chain.
  • Executives are tying the choice to the Basic Law on Digital Assets, which is the national bill now nearing final text.
  • Lawmakers have flagged strict rules for stablecoins, including 100% cash‑like reserves, which could push issuers toward bank‑led consortia.
  • The company brands the effort as Money 3.0, using programmable won for loyalty, remittances, and on‑chain credit linked to its SohoScore small‑business ratings.
  • Toss reports about 30 million users and roughly $1.8 billion in 2025 revenue, as rivals Kakao Pay and Naver Pay test won tokens in a market that observers expect to grow through early 2026.