Dunamu and Visa partner on stablecoin, AI business; Open Standard's OUSD under consideration - The Block

South Korea's Dunamu, the operator of major crypto exchange Upbit, has entered a partnership with global payments giant Visa, as reported by The Block. The collaboration is focused on stablecoin and AI-related business ventures, and the firms are currently considering Open Standard's OUSD stablecoin as part of their exploration.

This move illustrates how traditional payments infrastructure providers are increasingly building bridges with digital asset platforms. Stablecoins continue to serve as a practical link between fiat systems and blockchain-based payments, while AI applications could enhance compliance, risk management, or operational efficiency within the crypto ecosystem. The consideration of a specific stablecoin product suggests the partnership is moving beyond general discussions into concrete evaluation.

Market participants will want to watch for regulatory responses, particularly in South Korea, where stablecoin partnerships often draw scrutiny regarding licensing and consumer safeguards. Any formal announcements from Dunamu or Visa about OUSD integration would signal a significant step in institutional stablecoin adoption. The outcome of this partnership could also serve as a reference point for how other crypto exchanges and global payment networks choose to collaborate in the future.