{"id":135797,"date":"2026-08-28T20:05:26","date_gmt":"2026-08-28T20:05:26","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/135797\/"},"modified":"2026-08-28T20:05:26","modified_gmt":"2026-08-28T20:05:26","slug":"visa-signs-2nd-korean-stablecoin-deal-this-week-with-hana-backed-dunamu-ledger-insights","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/135797\/","title":{"rendered":"Visa signs 2nd Korean stablecoin deal this week, with Hana-backed Dunamu &#8211; Ledger Insights"},"content":{"rendered":"<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.ledgerinsights.com\/tag\/visa\/\" rel=\"nofollow noopener\" target=\"_blank\">Visa<\/a> has signed a strategic partnership with <a href=\"https:\/\/www.ledgerinsights.com\/tag\/dunamu\/\" rel=\"nofollow noopener\" target=\"_blank\">Dunamu<\/a>, the operator of South Korea\u2019s largest crypto exchange Upbit, to explore <a href=\"https:\/\/www.ledgerinsights.com\/stablecoins\/\" rel=\"nofollow noopener\" target=\"_blank\">stablecoin<\/a> payments, global remittances and AI driven commerce. The deal marks Visa\u2019s second Korean partnership this week, following an arrangement with <a href=\"https:\/\/www.ledgerinsights.com\/visa-joins-bloom-for-stablecoin-settlement-shinhan-adopts-visa-stablecoin-platform\/\" rel=\"nofollow noopener\" target=\"_blank\">Shinhan Financial<\/a>.<\/p>\n<p class=\"wp-block-paragraph\">While Shinhan is Korea\u2019s second largest financial group, Hana Financial, the third largest, recently spent $666 million to <a href=\"https:\/\/www.ledgerinsights.com\/hana-bank-pays-666m-for-stake-in-largest-korean-crypto-exchange-upbit\/\" rel=\"nofollow noopener\" target=\"_blank\">acquire a stake in Dunamu<\/a>. The Shinhan deal emphasized exploring the use of the <a href=\"https:\/\/www.ledgerinsights.com\/visa-launches-stablecoin-platform-taking-the-opposite-path-to-stripe\/\" rel=\"nofollow noopener\" target=\"_blank\">Visa Stablecoin Platform<\/a> (VSP), which was not explicitly mentioned in the Dunamu announcement. Instead Dunamu discussed exploring business models for OpenUSD, the lead stablecoin on the VSP.<\/p>\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.ledgerinsights.com\/tag\/openusd\/\" rel=\"nofollow noopener\" target=\"_blank\">OpenUSD<\/a> was unveiled in June as a stablecoin with 140 major partners, with whom most of the reserve revenues will be shared. It is led by Zach Abrams, CEO and co-founder of Stripe-owned Bridge.<\/p>\n<p class=\"wp-block-paragraph\">Article continues \u2026<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"70\" height=\"119\" src=\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/08\/1787947526_815_subscriber-padlock-small.png\" alt=\"subscriber padlock\" class=\"wp-image-39468\" style=\"width:55px\"\/><\/p>\n<p class=\"wp-block-paragraph\" style=\"padding-top:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);font-size:14px\">Want the full story? <a href=\"https:\/\/pro.ledgerinsights.com\/pricing\/\" rel=\"nofollow noopener\" target=\"_blank\">Pro subscribers<\/a> get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.<\/p>\n","protected":false},"excerpt":{"rendered":"Visa has signed a strategic partnership with Dunamu, the operator of South Korea\u2019s largest crypto exchange Upbit, to&hellip;\n","protected":false},"author":2,"featured_media":135798,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[12893,21279,1341,5083,12594,31,171,40077,11770,2818,42906,68943],"class_list":["post-135797","post","type-post","status-publish","format-standard","has-post-thumbnail","category-korea","tag-cross-border-payments","tag-cryptocurrency-exchanges","tag-digital-currency","tag-dunamu","tag-hana-financial","tag-korea","tag-korean","tag-openusd","tag-stablecoin","tag-upbit","tag-visa","tag-visa-stablecoin-platform"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/135797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=135797"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/135797\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/135798"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=135797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=135797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=135797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}