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."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Colgate-Palmolive (CL.US) plans to sell part of its personal care brands, with a total transaction amount possibly exceeding 1.1 billions USD.
According to sources familiar with the matter, Colgate is exploring the sale of some of its mass-market personal care brands. The company currently plans to divest only a few brands within its personal care business, and the combined sale price may exceed 1 billion dollars.

EdiliziAcrobatica announces shareholder meeting notice

Storage Giant Offers Huge Bonuses Again: Micron Awards Up to 68 Months’ Bonus
Micron Technology has announced record-breaking bonuses for its employees in Taiwan, ranging from 35 to 68 months’ salary, with a minimum cash compensation of 1.7 million New Taiwan dollars. However, the Taoyuan union, representing about two-thirds of Micron’s workers in Taiwan, has refused to accept the offer, insisting that 15% of operating profits be included in the bonus distribution and maintaining the threat of a strike.
