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2d ago

Dunamu and Visa Sign Roadmap to Study Stablecoin Payments and AI Commerce

The exploratory agreement sets a research framework to define pilots, token and custody choices before any commercial launch.

Visa doubles down on south korea with upbit operator dunamu on stablecoin payments
Dunamu, Visa explore stablecoin payments and AI
Upbit operator Dunamu teams up with Visa on stablecoin and AI payments
Dunamu partners with visa to build stablecoin, ai payment rails

Overview

  • Dunamu and Visa announced on Aug. 28 that they had signed a strategic, exploratory roadmap to study stablecoin-based payments, cross-border remittances and AI-driven payment experiences.
  • The partners said they will evaluate business models that could use Open USD (OUSD) but Dunamu has not committed to issuing OUSD or acting as an OUSD issuer.
  • Work on AI includes agentic commerce, where software can search for products, select services and execute payments on a user’s behalf, and the companies will study how to authenticate, authorize and settle those transactions.
  • No commercial product, launch date, blockchain, custody provider, settlement process or initial markets have been chosen, and any launch will depend on technical decisions and South Korea’s evolving stablecoin, AML and foreign-exchange rules.
  • The deal expands Visa’s push into South Korea after a separate Shinhan agreement and gives Upbit owner Dunamu a route to test remittance and payment use cases while Visa brings global payments scale and existing stablecoin settlement experience.