Toss is launching a finance superapp in Australia this year and plans to issue a Korean won–pegged stablecoin once South Korean regulations permit. The move targets fragmented banking systems and open-banking rules to combine accounts and enable instant peer-to-peer transfers.
Toss to launch finance superapp in Australia by year-end
Plans include P2P transfers, account aggregation, and core wallet services.
Over 30 million South Korean users; stablecoin launch pending regulatory approval from South Korean authorities.
Toss Australia launch and Korean won stablecoin plans — get the latest on expansion, regulation, and product timeline. Read more on Coinotag.
‘,
‘
🚀 Advanced Trading Tools Await You!
Maximize your potential. Join now and start trading!
‘,
‘
📈 Professional Trading Platform
Leverage advanced tools and a wide range of coins to boost your investments. Sign up now!
‘
];
var adplace = document.getElementById(“ads-bitget”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex;
adplace.innerHTML = adscodesBitget[adsindex];
sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBitget”, sessperindex);
}
})();
What is Toss planning for Australia and a won stablecoin?
Toss plans to launch a finance superapp in Australia this year and to issue a Korean won–pegged stablecoin when South Korean regulation permits. The Australia expansion will introduce account aggregation and instant peer-to-peer (P2P) services to address fragmented banking habits and open-banking frameworks.
Why is Australia a supportive market for Toss?
Australia’s Consumer Data Right (CDR) and the New Payments Platform (NPP) create a suitable environment for a superapp. CDR enables accredited third parties to access banking data, while NPP supports instant P2P and request-to-pay features. These systems align with Toss’s account-aggregation and transfer-first product strategy.
Local reporting from ABC indicates the average Australian holds roughly 2.4 bank accounts, which increases demand for consolidated financial tools. Toss intends to leverage that fragmentation to onboard users who currently juggle multiple services.
How will Toss roll out services in Australia?
Toss has formed an Australian unit and plans to launch core services, including peer-to-peer money transfers, by year-end. Initial features will likely prioritize account aggregation, instant transfers, and a unified wallet interface to reduce friction across bank accounts.
‘,
‘
🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!
‘,
‘
💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!
‘
];
var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();
The company’s CEO, Lee Seung-gun, said Toss’s South Korea traction — more than 30 million users since 2015 — demonstrates product-market fit for markets with multiple banking relationships. Toss will test core flows locally before expanding additional features and territories.
Toss intends to issue a won-backed stablecoin once regulatory conditions are established in South Korea. The firm is reportedly in active discussions with local regulators about design, custody, and compliance safeguards.
South Korea’s Financial Services Commission (FSC) announced plans to introduce a framework for won-backed stablecoins, and filings from major domestic banks have signaled institutional interest. Toss’s approach emphasizes regulatory alignment and consumer protections prior to distribution.
‘
];
var adplace = document.getElementById(“ads-htx”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexHtx”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesHtx.length) : sessperindex;
adplace.innerHTML = adscodesHtx[adsindex];
sessperindex = adsindex === adscodesHtx.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexHtx”, sessperindex);
}
})();