Crypto Meets Cash: South Korea’s Fintech Dream Team Unleashes a ‘Stablecoin’!

In the shadow of Seoul’s bustling streets, Crypto.com and Travel Wallet joined hands, their partnership a flicker of hope for the everyday spender. 🌍💸

Crypto.com has signed a new partnership with South Korean fintech firm Travel Wallet to create a won-based stablecoin and expand crypto payment options for global travelers. 🤯

Crypto.com signed an MoU with Travel Wallet on Oct. 21, 2025. 🗓️
Partnership adds crypto trading and payment tools to Travel Wallet’s app. 🧵✨
Both firms to promote a KRW-pegged stablecoin for faster cross-border use. 🚀

On Oct. 21, Crypto.com announced a Memorandum of Understanding (MoU) with Travel Wallet, which operates a mobile payment and exchange platform used by more than 8 million people. The company lets users hold, convert, and spend over 40 currencies, with total transactions exceeding KRW 6 trillion (about $4.3 billion USD). 💸

Co-branded card and stablecoin plans

Under the agreement, Travel Wallet will become Crypto.com’s main issuing partner in South Korea. The firms will launch a co-branded prepaid card that supports both fiat and crypto payments worldwide. 🎯

The Travel Wallet app will also incorporate Crypto.com’s crypto-as-a-service tools, enabling users to trade digital assets straight from the platform. Both companies will promote a KRW-pegged stablecoin designed to lower the cost of international transfers and improve transaction speed. 📉

The partnership will also include joint marketing and rewards programs to attract new users across both platforms. 🎁

Eric Anziani, president and chief operating officer of Crypto.com, said the partnership will make crypto payments simpler and more rewarding for everyday use. Travel Wallet chief executive officer Kim Hyung-woo called it “the beginning of a new payment paradigm” that combines fintech and blockchain finance. 🌅

Linking crypto and travel payments

The move connects Travel Wallet’s global payment network with Crypto.com’s digital asset infrastructure. Travel Wallet holds a Visa Principal License and supports payments in over 100 million locations worldwide. 🌍

For Crypto.com, the deal fits its goal of expanding local partnerships in key Asian markets. For Travel Wallet, it introduces digital asset functionality to a customer base already active in cross-border payments. 🧭

This agreement follows similar efforts across the travel sector in 2025. Bitget Wallet, Travala, and Bookit.com have each added crypto payment options, highlighting steady growth in blockchain-based travel finance. 🚀

2025-10-21 08:19

Co-branded card and stablecoin plans

Linking crypto and travel payments

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