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BC Card Completes Stablecoin Payment Pilot for Foreign Tourists in South Korea
BC Card Completes Stablecoin Payment Pilot for Foreign Tourists in South Korea
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BTCCSquare news:
South Korea's payment giant BC Card has successfully concluded a pilot enabling foreign tourists to make purchases using stablecoins through existing payment infrastructure. The initiative processed transactions at merchants nationwide without requiring crypto-specific terminals.
The project partnered with blockchain firms and remittance providers to create a seamless experience. Merchants received settlements in local currency, insulating them from crypto volatility while tourists bypassed traditional forex hurdles.
This experiment signals growing institutional adoption of stablecoins for cross-border payments, leveraging South Korea's advanced digital infrastructure. The model could scale across Asia's tourism-heavy economies.
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