South Korean super app Toss partners with Optimism for won linked stablecoin trial
South Korean financial super-app Toss has signed a strategic agreement with Optimism and Sunnyside Labs to test blockchain infrastructure for South Korean won-linked stablecoins through a three-month technology verification program. SummaryToss has partnered with Optimism and Sunnyside Labs to test blockchain infrastructure for South Korean won linked stablecoins over the next three months.The companies will evaluate payment settlement, compliance requirements and privacy protection using Optimism‘s OP Stack and Sunnyside Labs’ Privacy Boost technology.The project will assess whether public blockchain infrastructure can meet institutional financial standards while supporting secure and scalable digital payments. According to a press release shared with crypto.news, the financial technology company will work with Ethereum layer 2 network Optimism and privacy technology developer Sunnyside Labs to examine whether blockchain infrastructure can support institutional payment systems while meeting financial regulations in South Korea. The companies will carry out a proof-of-concept (PoC) over the next three months. Three areas under review As part of the project, the companies will evaluate whether financial institutions can directly manage payment and settlement processes, comply with customer identification and anti-money laundering requirements, and protect sensitive transaction information while operating on a public blockchain. Those requirements form the basis of the technical assessment, with Optimism providing blockchain infrastructure through