Toss Advances Blockchain Network and Crypto Plans

South Korea's leading fintech company, Toss, is advancing plans to launch its own blockchain network and native cryptocurrency, aiming to integrate digital assets into its super app that serves nearly 30 million users. The initiative, still in the planning stages as of early 2026, hinges on forthcoming regulatory clarity from the country's Digital Asset Basic Law, which has delayed final decisions.

Toss, operated by Viva Republica, is evaluating two architectural options: building a standalone Layer 1 mainnet for full control over its infrastructure or deploying a Layer 2 solution on an existing chain to enhance scalability and speed. Internal sources indicate the choice will prioritize compliance and efficiency for handling high-volume transactions in payments, lending, and tokenized securities. The company has already taken concrete steps, including filing trademarks in June 2025 for 24 Korean won-pegged stablecoin names, such as TOSSKRW, and establishing a dedicated Stablecoin Task Force led by Chief Business Officer Kyuha Kim.

To support these efforts, Toss began recruiting blockchain engineers in February 2026, seeking experts in wallet systems, node operations, API...