Coupang builds stablecoin legal team to issue digital assets and save up to $200M in annual fees

Coupang posted job listings to recruit an in-house legal team specializing in stablecoin issuance and regulatory compliance. The company planned to integrate the digital assets across its domestic and Taiwanese operations alongside its Farfetch luxury platform. The transition to blockchain infrastructure and stablecoin payments was projected to save the firm up to $200 million annually in credit card fees and cross-border remittance costs.