Toss, South Korea's fintech app with 30M users, is piloting a KRW stablecoin on Optimism's OP Stack with Sunnyside Labs, Optimism said Wednesday.

Toss signed an MOU with Optimism and Sunnyside Labs for a three-month proof of concept testing a KRW-pegged stablecoin on the OP Stack for compliant

Toss has reportedly partnered with Optimism and Sunnyside Labs to test the feasibility of issuing a Korean won-based stablecoin for payments.