BC Card Enables Stablecoin Payments for Foreigners in Korea

BC Card Enables Stablecoin Payments for Foreigners in Korea

Key Takeaways:

  • BC Card enables stablecoin payments for foreigners in Korea.
  • Avoids physical cards and currency exchange.
  • Prepares for 2026 regulations under the Virtual Asset User Protection Act.

BC Card, South Korea’s leading payment processor, completed a pilot project on December 23, 2025, enabling foreigners to pay local merchants with stablecoins via digital prepaid cards.

BC Card’s stablecoin payment integration reflects growing digital currency adaptation, emphasizing its use in cross-border transactions. The effort underscores BC Card’s strategy to align with upcoming regulatory frameworks.

BC Card’s pilot allows foreigners to pay local merchants using stablecoins, converted into digital prepaid cards, through QR code payments. This initiative completed recent trials and incorporated blockchain finance firms like Wavebridge.

BC Card partnered with Wavebridge, Aaron Group, and Global Money Express. They focused on integrating stablecoin payments without the need for physical cards. The move marks a significant shift in payment infrastructure for foreign users.

The pilot affects the stablecoin market, specifically for foreign users in South Korea. It was designed to avoid exposure to direct cryptocurrency volatility, settling merchant transactions in local currency instead. An official from BC Card noted, “Stablecoins, due to their technical characteristics, are particularly useful for cross-border payments and hold significant potential to improve the domestic payment experience for foreign consumers.”

Financial implications arise from the potential regulatory compliance changes. BC Card prepares for 2026’s Virtual Asset User Protection Act, which might ease stablecoin regulations and influence South Korean cryptocurrency dynamics.

While current effects are localized, the regulatory landscape could see shifts, influencing stablecoin adoption. Technological advances and the success of this pilot could set precedents for future cross-border payment solutions in South Korea.

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