Visa Partners with Dunamu to Explore Stablecoin Payments and AI-Driven Financial Services

Dunamu, the operator of South Korea's largest cryptocurrency exchange Upbit, has entered a strategic partnership with Visa to explore potential applications for stablecoin payments and global remittances.

The partnership includes discussions around business models based on OUSD, an Open Standard dollar stablecoin, and also examines the use of artificial intelligence in financial services.

Dunamu operates Upbit, South Korea's largest crypto exchange. Through the new partnership, the company and Visa will investigate how stablecoins could potentially be incorporated into payment and financial-service applications.