
MoonPay and KB Kookmin Card to develop crypto payment and stablecoin settlement models
- —MoonPay and KB Kookmin Card will run a joint PoC for digital-asset payment services
- —First use case: foreign shoppers paying at Korean merchants via stablecoins
- —Second use case: cross-border settlement in stablecoins using MoonPay's infrastructure
- —Rollout will be phased and aligned with Korean regulation
Why it matters: A major Korean card issuer testing stablecoin payments could accelerate their adoption in Asian retail.
Source: Bloomingbit