Two-thirds of South Korea, more than 30M people, run their financial lives through Toss: banking, payments, investing, credit, taxes, all in one app.
Optimism and Toss just signed an MOU to explore putting the Won onchain.
The first app-specific quest in the xPoints program is live, and it's on Ink.
Earn boosted xPoints on @nadoHQ by trading xStocks or holding them as collateral.
Tokenized equities that trade 24/7.
Tokenized equities were built to be open: tradable 24/7 and usable in any app onchain.
xPoints rewards the platforms building that market.
Starting today, trade xStocks on @nadoHQ for boosted xPoints plus Nado Points.
Get started: defi.xstocks.fi/points
Toss moves money for two-thirds of South Korea. We're partnering with them to test the OP Stack as the foundation for compliant, blockchain-based digital finance infrastructure. Per @Cointelegraph:
Proud to share what our team has been building.
@PrivacyBoost brings confidential payments to regulated finance without giving up auditability, and now it's being put to the test with @toss__official and @Optimism on Korean Won stablecoin.
We're partnering with Toss to explore a privacy-protected Korean Won stablecoin.
Over the next 3 months, @sunnyside_io, @toss__official, and @Optimism will run a PoC on blockchain infrastructure for regulated digital finance in Korea.
Sunnyside brings the privacy layer. 🧵
Toss, founded in 2015 with Korea's first free P2P transfers, is now a daily financial control center for 60% of the country. Korea is also one of the most crypto-engaged markets anywhere, with an estimated 16M people actively trading digital assets.
This is the fourth time in a year a regulated financial institution has chosen the OP Stack in a different market.
Europe: Bitpanda's Vision Chain
US: Kraken's Ink on OP Enterprise
Japan: Mitsui's Zipangcoin
Korea: Toss
Over the next three months, Optimism, @PrivacyBoost, and @toss__official will run a proof of concept for a Won-backed stablecoin on the OP Stack, testing whether money can settle onchain while meeting Korea's compliance, privacy, and control standards.
🎉EVS Diamond Sponsor announcement✨
✨We are pleased to welcome Optimism as a Diamond Sponsor💎
@Optimism
Optimism provides infrastructure for enterprises to build new businesses and financial services using blockchain technology. Through its core products, OP Enterprise and
A neobank card needs to authorize a swipe in real time, keep fees low enough that yield math still works, and hold up under payment spikes. That's the spec OP Mainnet is built to hit, and why @ether_fi runs its card program there.
