South Korea Launches Stablecoin ATMs for Foreign Tourists
2025-07-31 07:37:19
According to Decrypt, South Korean blockchain company DaWinKS has partnered with the KaiaDLT Foundation to launch a stablecoin ATM machine that supports USDT cash exchange function and supports USDT cash withdrawal issued on the Kaia chain. It is currently available in many tourist and retail venues. The ATM is limited to users with foreign passports and supports the exchange of 85 fiat currencies or the recharge of local transportation cards. The project operates under the framework of South Korea's "regulatory sandbox" and is not open to local residents for the time being.
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