South Korean Card Firm Launches Stablecoin Payments Pilot for Foreign Users
BC Card, a leading South Korean payment processor, has completed a pilot enabling foreign users to pay with stablecoins at local merchants. The project converts stablecoins into digital prepaid cards, bridging blockchain technology with everyday commerce.
Partnering with Wavebridge, Aaron Group, and Global Money Express, BC Card leverages its 20% market share in domestic card transactions. This initiative underscores South Korea's progressive stance on stablecoin adoption in retail payments.