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

MeNews · 2026-04-11T17:30:03+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

2026-04-11 17:30:03

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ME News Report, April 5th (UTC+8), during visits to some banks in South Korea, Visa Group President Oliver Jenkins and Asia-Pacific Business Head Steven Carpin stated that South Korea is the “best place” to conduct stablecoin experiments. Oliver Jenkins said, “South Korea has 17 million cryptocurrency investors and ranks second only to the United States in paid subscriptions to generative AI platform ChatGPT. Therefore, South Korea may lead the integration 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 consider the South Korean market very important.” (Source: Foresight News)

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