South Korean payment and banking giant Toss is considering building its own blockchain network and issuing a native cryptocurrency, a move that would extend the super app’s stablecoin and Web3 ambitions into a full-stack digital asset platform, according to reporting from The Block. People familiar with internal discussions told Crypto In America that Toss is weighing whether to launch on a standalone Layer 1 mainnet or pursue a Layer 2 scaling approach, with no final decision yet taken. Insiders added that the architectural choice is being shaped by the progress of South Korea’s Basic Law on Digital Assets, a landmark bill expected to codify rules for token issuance, stablecoins, and crypto ETFs.

Toss, operated by Viva Republica, has rapidly grown from a mobile transfers app into a dominant financial super app with more than 30 million registered users and around 24 million monthly active users as of 2024, offering some 290 services from payments to trading and lending. The Korea Herald reports that Toss generated revenue of roughly $1.8 billion in 2025, up 38% year-on-year, while operating profit surged 270.3% to about $251 million and net profit jumped 846.7% to roughly $151 million. At the 2026 Seoul Blockchain Meetup, Toss corporate development director Seo Chang‑whoon said the company is “moving toward a new ‘Money 3.0’ era centered on blockchain and stablecoins,” outlining a vision in which programmable money makes finance “universal, programmable, verifiable, composable and seamless.”