Japan to Launch First Stablecoin Credit Card in October 2025
Japan is set to launch its first stablecoin credit card, the Nudge Card, in October 2025. Key points include:
- The Nudge Card will be accepted at over 150 million VISA merchants worldwide.
- It will utilize the Japanese yen-backed stablecoin, JPYC, for payments.
- Nudge Corporation plans to leverage blockchain technology for secure transactions.
- The card aims to simplify tax and accounting processes by bypassing currency conversions.
In South Korea, Coupang is collaborating with Tempo to develop blockchain infrastructure for stablecoin adoption. This venture aims to:
- Reduce transfer times and save costs on payment fees.
- Mitigate foreign exchange risks.
- Confront regulatory uncertainties that may hinder innovation in the region.
These initiatives indicate a growing acceptance of crypto and blockchain payment systems across Asia, signaling a broader global trend.
Images related to the Nudge Card and Best Wallet’s upcoming features were included but have been removed for relevance.