Toss Expands Globally from Australia and Plans to Launch Won Stablecoin

Reported about 15 hours ago

South Korean fintech company Toss is making its global debut in Australia this year with plans to launch an all-in-one finance app and subsequently expand to other markets. Founder and CEO Lee Seung-gun expressed confidence in competing internationally, especially in regions with fragmented banking systems. Toss aims to issue a won-based stablecoin pending regulatory approval, as it prepares for a U.S. IPO in 2026 that could value the company at over $10 billion.

Source: YAHOO

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