South Korean payment giant BC Card completes stablecoin payment pilot for foreign users

According to TechFlow, on December 23, Cointelegraph reported that South Korea's largest payment processor, BC Card, has successfully completed a stablecoin payment pilot project, allowing foreign users to make payments to local merchants. The project was carried out in collaboration with blockchain company Wavebridge, wallet provider Aaron Group, and cross-border remittance provider Global Money Express, enabling foreign users to convert stablecoins from overseas wallets into digital prepaid cards for spending. BC Card stated that this is not just a short-term project, but a preparation for implementing a long-term stablecoin payment structure to adapt to the evolving stablecoin regulations in South Korea.