Following in the footsteps of Kakao, Toss, the operator of the popular South Korean fintech app, is also exploring the potential of stablecoins. Yonhap News reports that Viva Republica, Toss's parent company, has recently established a Stablecoin Task Force (TF) to conduct a thorough feasibility review. This initiative sees participation from three of Toss's key financial affiliates, signaling a serious commitment to understanding and potentially entering the stablecoin market. The move mirrors Kakao's earlier formation of a group-level Stablecoin TF, suggesting a growing interest in this sector among major South Korean tech companies. While details remain scarce, the formation of the Stablecoin TF indicates Toss is actively assessing the opportunities and challenges presented by stablecoins, which could potentially revolutionize payments and financial services within the Toss ecosystem. The Korean fintech landscape is heating up with stablecoin exploration! ```