BC Card and Coinbase Partner to Test USDC Payments in South Korea
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 29 2025- Partnership Agreement: BC Card and Coinbase have signed a memorandum of understanding to conduct a proof-of-concept project for USDC payments in November 2024, aiming to integrate stablecoins with traditional payment systems, thereby driving digital transformation in South Korea's payment landscape.
- Technical Integration Innovation: The project will merge BC Card's QR payment system with Coinbase's Base network, enabling users holding USDC to make seamless payments at domestic merchants, which not only enhances user experience but could also accelerate the adoption of stablecoins in everyday transactions.
- Regulatory Compliance Challenges: The initiative must adhere to South Korea's stringent anti-money laundering regulations to ensure transaction compliance and security, laying the groundwork for future commercial rollout while providing a model for other countries to follow.
- Market Potential Assessment: Successful implementation of USDC payments will offer consumers faster options for international remittances and open new payment channels for merchants, particularly in e-commerce and tourism, which is expected to significantly enhance market competitiveness.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
