TLDR
- Dunamu, the operator of Upbit, has partnered with Visa to explore stablecoin payments, global remittances, and AI-based financial services.
- The partnership remains exploratory, with no confirmed product, launch date, blockchain network or settlement structure announced.
- Visa and Dunamu are considering OUSD as one possible option, but Dunamu is not an issuer of the dollar-backed stablecoin.
- Visa will contribute its global payment network, while Dunamu will provide blockchain and digital asset infrastructure.
- Any future service will depend on South Korea’s evolving rules for stablecoins, payments, anti-money-laundering controls and foreign exchange.
Dunamu, the operator of South Korea’s largest crypto exchange Upbit, has formed a strategic partnership with Visa to explore stablecoin payments, international remittances and AI-based financial services. The agreement remains at an early stage, with no product, launch date or technical structure announced. The talks also give both companies room to test demand before launch.
Upbit, Dunamu Expand Stablecoin Payment Talks
Dunamu will bring its blockchain and digital asset infrastructure to the partnership. Visa will contribute its global payments network as both companies study possible settlement and payment models for digital assets.
The companies have not selected a stablecoin, blockchain, custody provider, or settlement process. The deal therefore creates a framework for research and testing rather than a live service for Upbit users.
Dunamu and Visa are also considering business models linked to Open USD, known as OUSD. Open Standard introduced the dollar-backed stablecoin in June for global payments and cross-border money movement.
Dunamu has previously said it does not issue OUSD. Its role remains focused on possible participation in the wider Open Standard ecosystem, while any use of OUSD under the Visa partnership still requires further planning.
Visa Builds Stablecoin and AI Strategy
Visa has expanded stablecoin settlement across several markets, networks and currencies. The company said its stablecoin settlement activity reached an annualized run rate of about $7 billion as of March 2026.
The partnership may also cover AI-driven payments. Visa has been developing tools for agentic commerce, where AI systems can search, select services and start transactions under set user controls.
Any commercial service will need to comply with South Korea’s developing digital asset rules. Regulators are considering stablecoin issuance, payment controls, anti-money-laundering requirements, customer checks and foreign-exchange rules.
Dunamu has already explored blockchain remittances and stablecoin projects with financial and technology partners. Its position in South Korea’s crypto market could support future payment services if regulators approve workable structures.
The next key step will be a defined pilot or commercial plan. Dunamu and Visa would need to name the stablecoin, supported markets, blockchain network, custody model and customer requirements.
Until those details emerge, the partnership remains an exploratory agreement. It gives Visa a route into South Korea’s digital asset sector and gives Dunamu another path to test stablecoin, remittance and AI payment services.
Stop guessing and start investing with confidence. KnockoutStocks gives you the AI insights, market intelligence, and stock research you need to spot opportunities, cut through the noise, and make smarter investment decisions — all in one powerful platform.
Sign up today and get 50% OFF full access to our premium stock picks.
Simply use coupon code SPECIAL50 at checkout to claim your exclusive discount.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
