Overview
K-Bank (케이뱅크) is a South Korean internet bank exploring stablecoin settlement infrastructure as part of the country’s digital-asset institutionalization push.
Recent Developments
- 2026-07-06/07: Launched ~5-month PoC with lambda256 and KSNET for USDC→KRW bank off-ramp (2026-07-07-k-bank-stablecoin-herald-business)
- K-Bank: FX application, KRW disbursement, kyc/AML, suspicious transaction reporting (STR)
- KSNET: payment infrastructure and merchant KRW settlement
- Lambda256: on-chain settlement via SCOPE and CLAIR compliance platforms
- Ongoing: Cross-border stablecoin remittance PoCs with Thailand and UAE
This is a proof-of-concept, not a production off-ramp. No consumer availability implied.