SBI, KB Card plan crypto payments for Japan tourists in South Korea

South Korea’s KB Kookmin Card has signed a four-party agreement with Japan’s SBI Holdings and two security companies to test AI agent identity verification and explore stablecoin payments between the two countries. KB Kookmin Card said on October 13 that the memorandum of understanding (MOU) involves SBI Holdings, South Korean cybersecurity company Everspin and their joint venture, SBI Everspin. The partnership will examine how AI agents can securely access financial services and complete authorized transactions on behalf of users. The companies plan to explore digital asset payments that could allow Japanese tourists to spend stablecoins at participating South Korean merchants.

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