South Korean card giant completes stablecoin payments pilot for foreigners

BC Card of South Korea has successfully completed a pilot program that allows foreign users to pay local merchants using stablecoins. This initiative aims to facilitate smoother shopping experiences for foreigners in South Korea. BC Card has indicated plans to continue innovating its payment options in line with the evolution of international payment systems. This new initiative enhances convenience, especially for tourists and expatriates, enabling them to transact without needing local currency. Depending on future developments, this model could potentially expand to other countries, impacting the wider industry. The adoption of stablecoins not only meets the demands of foreign customers but also reaffirms the importance of digital currencies in the commercial sector.