MoonPay, KB Kookmin Card partner on crypto payments in South Korea

MoonPay, a global crypto payments and stablecoin infrastructure company, is partnering with KB Kookmin Card to develop a model for foreign visitors to make payments at South Korean merchants and for cross-border stablecoin payments, Digital Asset reported. The two companies first plan to develop a service that would allow foreign users to pay at South Korean merchants using stablecoins and other digital assets.