Dunamu, the company behind South Korea’s digital-asset platform Upbit, has formed a strategic alliance with Visa (NYSE: V) to build new payment and financial products at the intersection of stablecoins, cross-border transfers, and artificial intelligence.
The two firms presented a joint roadmap at Visa’s Global Market Support Center in San Francisco.
Dunamu chief executive Oh Kyung-seok and Visa Global President Oliver Jenkyn attended the briefing.
The parties signed the agreement earlier with Visa’s Asia-Pacific unit.
The collaboration is designed to pair Dunamu’s digital-asset experience with Visa’s worldwide payments rails.
Together they intend to study how stablecoins and other tokenized instruments could support everyday payments in major markets and how those same instruments might improve international remittances and settlement.
They have not announced exact launch dates, target countries, or the specific tokens they would use.
A notable part of the discussion is Open USD, or OUSD, the dollar-backed token recently introduced by the Open Standard consortium.
Dunamu and Visa said they will review commercial models that could put OUSD to work, with the broader goal of linking stablecoins to established banking and payment systems rather than leaving them confined to crypto-native venues.
The partnership also looks ahead to AI-driven commerce.
The companies plan to explore services in which software agents search for goods or services and then complete the purchase and settlement on a user’s behalf—an approach often called agentic commerce.
That work would combine AI tools with stablecoin rails for payment and clearing, and would examine the supporting technology, infrastructure, and ecosystem required for such automated transactions.
Oh described the spread of AI, stablecoins, and tokenization as a force that is already reshaping finance and retail.
He said the alliance with Visa is intended to connect digital assets with conventional finance and to deliver practical new experiences for users.
The announcement comes months after Open Standard publicly listed more than 140 firms, including Visa and Dunamu, as participants in the OUSD effort.
Some Korean companies later said their names appeared after only preliminary conversations, not formal commitments.
The latest Dunamu-Visa roadmap treats OUSD as one option under review rather than a finished product already slated for rollout.
No concrete products, regulatory approvals, or revenue-sharing terms have been disclosed.
Both sides said any services would be developed in stages and would need to meet applicable rules in each market.
For Dunamu, the deal offers a path to embed its blockchain capabilities in mainstream payment infrastructure.
For Visa, it is another step toward treating stablecoins as a complementary rail rather than a rival to card networks.
If the work proceeds, it could expand real-world uses for digital dollars while testing whether AI agents can safely handle end-to-end commercial flows. Those outcomes remain contingent on technical integration, regulatory clarity, and commercial demand that have yet to be proven.