New Korea Finance and Visa signed a strategic agreement to explore stabilization currency and AI payment cooperation

According to the Korean Federation, the Korea New Korea Financial Group announced a strategic business agreement with Visa, and the two sides will cooperate in depth around digital assets and future financial operations. New Korea Finance will use the Visa-Stabilized Currency Platform to validate the core functions of stabilizing currency issuance, transfer of remittances and foreclosure, and to jointly design business models that are appropriate for Korea’s local financial environment. In addition, the parties plan to explore stable currency use in financial services such as credit card billing, advance future payment model development based on artificial intelligence (AI) and expand B2B and B2C payment business cooperation。