BC Card Completes Stablecoin Payments Pilot for Foreign Users
South Korean payments processor BC Card has successfully concluded a pilot program enabling foreign users to make purchases at local merchants using stablecoins. The initiative, developed in collaboration with blockchain firm Wavebridge, wallet provider Aaron Group, and remittance company Global Money Express, converts overseas wallet funds into digital prepaid cards for seamless spending across BC Card's extensive merchant network.
The project represents more than a short-term test—it's a strategic MOVE to establish a payment infrastructure compatible with stablecoins. This development coincides with ongoing regulatory discussions shaping the future of digital payments in South Korea. BC Card, which processes over 20% of domestic transactions, positions itself at the forefront of payment innovation through this initiative.
