Visa President: South Korea is the best testing ground for stablecoins and is expected to lead the integration of AI and payments

MeNews · 2026-04-05T14:20:22+00:00

Visa executives stated that South Korea has 17 million cryptocurrency investors and is the best place to experiment with stablecoins, potentially leading the integration of artificial intelligence and stablecoins in the future.

MeNews

2026-04-05 14:20:22

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ME News message: On April 5 (UTC+8), Visa Group CEO Oliver Jenkins and Steven Carpin, the company’s head of APAC business, said during visits to several banks in South Korea that South Korea is the “best place” to conduct stablecoin experiments. Oliver Jenkins said, “South Korea has 17 million crypto investors and ranks second only to the United States in paid subscription rates for the generative artificial intelligence platform ChatGPT. Therefore, South Korea may lead the convergence of artificial intelligence and stablecoin businesses in the future. We believe South Korea is the best place (outside the U.S.) to test stablecoins. We believe the South Korean market is very important.” (Source: Foresight News)

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