Dunamu and Visa partner to explore stablecoin payments
Dunamu, operator of South Korea's largest crypto exchange Upbit, and Visa announced a strategic partnership to explore stablecoin-based payments, cross-border remittances, settlement services and AI-powered financial services. The firms plan to combine Dunamu's digital-asset infrastructure with Visa's global payments network but did not announce a product or launch date. They will examine potential use of Open USD (OUSD), a dollar-backed stablecoin that has not launched, and study AI agentic commerce. Any projects would be developed in stages and are subject to local regulatory requirements on stability, transparency and interoperability.
Dunamu and Visa will explore stablecoin remittances and AI payments.
Context
Companies are preparing for clearer stablecoin rules in South Korea. The partnership follows firms positioning ahead of new regulations. Next, projects will be developed in stages and await regulatory outcomes.
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