Visa President: South Korea is the Best Testbed for Stablecoins and is Expected to Lead the Integration of AI and Payments
Foresight News reports, according to Korea Kyungjae, Visa Group President Oliver Jenkins and the company's Asia Pacific business head Steven Carpin stated during their visit to several banks in Korea that Korea is the "best place" to conduct stablecoin experiments.
Oliver Jenkins stated, "Korea has 17 million cryptocurrency investors, ranking second only to the United States in terms of paid subscriptions to the generative AI platform ChatGPT. Therefore, Korea could lead the future integration of artificial intelligence and stablecoin businesses. We believe Korea is the best place to experiment with stablecoins outside of the United States. We consider the Korean market very important."
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