Dunamu, Visa Strike Partnership on Stablecoins, Agentic AI Payments

 

Dunamu, the parent company of the South Korean cryptocurrency exchange Upbit, has entered into a strategic partnership with global payments company Visa to develop next generation stablecoin based payments and AI driven financial services.

 

The partnership, which was signed at Visa’s Global Market Support Center in San Francisco, USA, this Thursday in the presence of key figures from both companies, including Dunamu CEO Oh Kyung seok and Visa Global President Oliver Jenkyn, will leverage the existing infrastructure of both companies to create new stablecoin based payment and global remittance services.

 

According to Dunamu, the partnership will aim to ensure the secure and reliable use of digital assets and next generation payment technologies based on stability, transparency, interoperability, and regulatory compliance.

 

“The spread of AI, stablecoins, and tokenization is a key trend that will transform how finance and commerce operate,” said Oh Kyung seok, CEO of Dunamu. “Through collaboration with Visa, which has led global payments, we will connect digital assets with traditional finance and create a new global financial experience that users can truly experience.”

 

As part of the two companies’ initial exploration of stablecoins, the Open USD (OUSD) stablecoin will be further explored, including the potential expansion of its use cases across areas such as global remittances, payments, and settlements.

 

Over time, the partnership could expand to include the utilization and integration of AI for payments and other stablecoin based payment and settlement services, Dunamu said. It could also explore the use of AI in agentic commerce and the handling of certain user tasks, such as purchases and payments.