Dunamu, operator of South Korea’s largest cryptocurrency exchange Upbit, said Friday it had partnered with global payments provider Visa to develop financial and payment services using stablecoins and AI.
The companies unveiled a road map for the partnership on Thursday at Visa’s Global Market Support Center in San Francisco.
Dunamu’s digital asset technology will be combined with Visa’s global payments network to explore stablecoin-based payment and remittance services in major markets.
The two firms will explore ways to expand the use of digital assets. They are exploring business models based on OUSD, an open-standard stablecoin, as well as new user experiences in payments and settlement.
The collaboration extends to AI-powered payment services, combining AI with stablecoin-based payment and settlement infrastructure.
Related technologies and infrastructure for agentic commerce are also under consideration. AI agents search for products or services and complete purchases and payments on behalf of users.
The partnership will be developed in stages, with a focus on stability, transparency, interoperability and regulatory compliance.
“AI, stablecoins and tokenization are key trends that will reshape how finance and commerce operate,” CEO of Dunamu, Oh Kyung-seok said. “Through our partnership with Visa, we will connect digital assets with traditional finance and create new global financial experiences for users.”
jyoungseon8@heraldcorp.com