Two-thirds of South Korea, more than 30M people, run their financial lives through Toss: banking, payments, investing, credit, taxes, all in one app.
Optimism and Toss just signed an MOU to explore putting the Won onchain.
Ink is right about how onchain finance scales: through apps people already trust, with the chain out of view. That only holds if the settlement layer underneath stays dependable at volume, which is why @inkonchain runs on OP Enterprise Fully Managed.
Onchain finance scales when it reaches people who never set out to use a blockchain.
They open an app they already trust, fund an account, and the assets settle onchain, most of them never learning the chain is there.
Kraken already works this way, with products like DeFi Earn.
Citi says $5.5T in assets go on-chain by 2030. The blocker between regulated money and that number is privacy. On a public chain, anyone can see your balances, payments, and trades. So Sunnyside Labs, an OP core dev, built confidential payments into the OP Stack. Here's the case:
The first app-specific quest in the xPoints program is live, and it's on Ink.
Earn boosted xPoints on @nadoHQ by trading xStocks or holding them as collateral.
Tokenized equities that trade 24/7.
Tokenized equities were built to be open: tradable 24/7 and usable in any app onchain.
xPoints rewards the platforms building that market.
Starting today, trade xStocks on @nadoHQ for boosted xPoints plus Nado Points.
Get started: defi.xstocks.fi/points
Toss moves money for two-thirds of South Korea. We're partnering with them to test the OP Stack as the foundation for compliant, blockchain-based digital finance infrastructure. Per @Cointelegraph:
Proud to share what our team has been building.
@PrivacyBoost brings confidential payments to regulated finance without giving up auditability, and now it's being put to the test with @toss__official and @Optimism on Korean Won stablecoin.
We're partnering with Toss to explore a privacy-protected Korean Won stablecoin.
Over the next 3 months, @sunnyside_io, @toss__official, and @Optimism will run a PoC on blockchain infrastructure for regulated digital finance in Korea.
Sunnyside brings the privacy layer. 🧵
