Visa executives have identified South Korea as an optimal location for stablecoin experimentation. During visits to Korean banks, Oliver Jenkins, President of Visa, and Steven Carpin, Head of Asia-Pacific Business, emphasized Korea's potential due to its 17 million cryptocurrency investors and high engagement with AI platforms like ChatGPT. Jenkins noted Korea's strategic importance for integrating AI and stablecoins, positioning it as a leading market outside the U.S. for such initiatives.
Visa Executives Highlight South Korea as Prime Stablecoin Testing Ground
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