Visa and Dunamu, the parent company of crypto exchange Upbit, are teaming up to explore how stablecoins could be used for payments and cross-border remittances, as well as new directions in AI-driven commerce. The partnership is all about finding real-world use cases where fiat-pegged digital currencies can streamline transactions and money transfers.

Stablecoin Payments and Remittances Take Center Stage

The two companies are looking at how stablecoins might work for everyday payments and sending money. The focus is on practical models, making sure different solutions can work together, and looking at ways to make transactions smoother and more predictable in a digital world.

OUSD by Open Standard Under Review

One of the projects on their radar is OUSD, a stablecoin proposed by Open Standard. OUSD is just one of several options they’re evaluating and comparing for possible implementation. Details about OUSD’s specific features and parameters haven’t been disclosed as part of these talks.

AI Commerce: The Other Big Focus

Beyond stablecoin payments, Visa and Dunamu are also diving into AI-powered commerce. They’re exploring how artificial intelligence can be woven into e-commerce and digital sales, where automation and smart services could complement stablecoin payment solutions.