TechFlow, Dec 23 — According to Cointelegraph, South Korea's largest payment processor BC Card has successfully completed a stablecoin payment pilot project enabling foreign users to make payments to local merchants. The project was conducted in collaboration with blockchain company Wavebridge, wallet provider Aaron Group, and cross-border remittance provider Global Money Express, allowing foreign users to convert stablecoins from overseas wallets into digital prepaid cards for spending. BC Card stated that this is not just a short-term initiative but a preparation for implementing a long-term stablecoin payment framework in anticipation of the evolution of South Korea's stablecoin regulations.
Add to Favorites
Share to Social Media
