South Korean travel agency Modetour completes stablecoin payment trial

South Korean travel agency Modetour has successfully completed a Proof of Concept (PoC) for a stablecoin-based payment ecosystem, Maeil Business Newspaper reported. The trial confirmed the potential for applying digital assets to payments for travel packages. Stablecoins are gaining attention as an alternative to reduce persistent issues in the travel industry, such as currency exchange costs, card fees, and remittance delays, which stem from its complex payment processes.