DSRV, NICE Information and SBI to test stablecoin payments between Korea and Japan
- —MOU signed on Sept 30 in Seoul by DSRV, NICE Information and SBI Digital Trust
- —Pilot scenario: Japanese user pays by QR at a Korean NICE merchant, settled in stablecoins
- —Technical feasibility and business viability to be assessed by end-December
- —Partners will account for Korean and Japanese rules and scale in stages
Why it matters: The pilot will test whether stablecoins can support real cross-border payments between Korea and Japan and what regulatory hurdles remain.
Source: Digital Today