South Korea's BC Card Completes Stablecoin Payment Pilot for International Users

KuCoinFlash

Release Time:12/23/2025 13:31:20

South Korea's BC Card has completed a stablecoin payment pilot for international users, enabling foreign customers to pay at local merchants using stablecoins. The project involved Wavebridge, Aaron Group, and Global Money Express, converting overseas stablecoins into digital prepaid cards. BC Card aims to prepare for future stablecoin regulation and evolving financial rules. Stablecoin regulation remains a key topic in South Korea, with the FSC and central bank still working on a unified approach. The pilot also aligns with broader efforts to Countering the Financing of Terrorism in digital payments. BC Card handles over 20% of domestic credit card transactions and serves 340,000 merchants.

Source:Show original

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.