BC Card Completes Pilot Allowing Foreign Stablecoins for QR Payments in Korea
BC Card has wrapped up a two-month pilot that let foreign-issued stablecoins held in overseas digital wallets pay for goods via QR codes at merchants in South Korea. The trial treated those foreign stablecoins as digital prepaid cards to be accepted by merchants affiliated with BC Card, and the company announced the results on Tuesday. Details on transaction volume, partners and technical routing were not disclosed in the initial notice.
The pilot’s significance lies in demonstrating a practical integration point between cross-border stablecoins and existing domestic payment rails, potentially lowering foreign-exchange friction and broadening payment options for tourists and international customers. Wider adoption will depend on regulatory clarity, AML/KYC alignment and merchant onboarding, so BC Card’s next steps are likely to focus on compliance checks, partner agreements and scaled testing before any commercial roll-out.