—
00:00
Money for You
Money for You
USD/RUB—
EUR/RUB—
Cryptocurrency

Dunamu and MoonPay Partner to Explore Stablecoin Payment Infrastructure

South Korean exchange operator Dunamu and global fintech firm MoonPay are joining forces to test the viability of stablecoin-based cross-border payments and corporate treasury services. The collaboration aims to leverage Dunamu’s GIWA blockchain ecosystem alongside MoonPay’s extensive international network to facilitate digital asset transactions for businesses.

Dunamu and MoonPay Partner to Explore Stablecoin Payment Infrastructure

The partnership remains in an early, exploratory stage, with neither company providing a launch timeline or specific financial details. The initiative focuses on three primary objectives: streamlining international fund transfers, building digital asset infrastructure for corporate finance, and expanding the reach of services developed on the GIWA chain. Bugeon Lee, MoonPay’s head of APAC, noted that the integration is designed to move beyond simple payments, targeting the core financial operations of global enterprises.

This move aligns with MoonPay’s recent push into the South Korean market, following the establishment of its local subsidiary in September. For Dunamu, the agreement adds to a series of strategic discussions with financial giants, including recent talks with Visa regarding stablecoin remittances and a pilot project with Hana Financial Group and POSCO International. As the companies evaluate technical requirements, they will determine whether to move forward with a commercial rollout of these blockchain-based financial services.

Share

Comments (0)

Leave a comment

No comments yet. Be the first!