Crypto.com and Travel Wallet signed an MoU to launch a co-branded prepaid crypto travel card and integrate crypto-as-a-service features.Crypto.com and Travel Wallet signed an MoU to launch a co-branded prepaid crypto travel card and integrate crypto-as-a-service features.

Crypto travel card 2025: Crypto.com and Travel Wallet co-branded prepaid

For feedback or concerns regarding this content, please contact us at [email protected]

On 21 October 2025 Crypto.com and Travel Wallet signed an MoU to launch a co-branded prepaid crypto travel card and integrate crypto-as-a-service features in South Korea, according to the Crypto.com press release.

How will the crypto prepaid card korea partnership work?

How will the multi currency travel card operate?

Travel Wallet will become Crypto.com’s preferred issuing partner in South Korea and will roll out a co-branded prepaid card that lets holders spend fiat and crypto worldwide.

Travel Wallet already supports more than 46 currencies and has issued 8 million cards, with cumulative transactions above KRW 6 trillion. See a practical overview of a crypto prepaid card for traveller use cases.

Will the Travel Wallet crypto app add crypto as a service and a KRW-denominated stablecoin?

Will this enable cross border crypto payments?

Crypto.com will integrate its crypto as a service (CaaS) capabilities into the Travel Wallet crypto app, enabling in-app trading of virtual assets and streamlined settlement options.

The partners will jointly promote a KRW-denominated stablecoin to support faster, lower-cost cross border crypto payments. For analysis on CaaS implications, see our piece on crypto CaaS.

“South Korea is a significant and continuously growing fintech and crypto market, and Travel Wallet has built a trusted brand among global travelers,” said Eric Anziani, President and Chief Operating Officer of Crypto.com, in the company statement.

“This agreement marks the beginning of a new payment paradigm where fintech finance meets blockchain finance,” said Kim Hyung-woo, CEO of Travel Wallet, in the same release. Launch timing and commercial terms were not disclosed.

What should users and investors watch next in crypto payments south korea? In brief,

Key indicators are product rollout dates, regulatory guidance on stablecoins, and early adoption metrics for the KRW coin. The MoU also contemplates referral and rewards programs to grow users across both platforms.

Monitor official updates from Crypto.com and Travel Wallet and regulatory notices in Korea; our coverage of stablecoins in Korea and broader crypto payments can help track developments.

The MoU signed on 21 October 2025 establishes a pathway for a co-branded prepaid card, CaaS integration, and a KRW stablecoin intended to speed cross-border payments in South Korea.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

MoneyGram launches stablecoin-powered app in Colombia

MoneyGram launches stablecoin-powered app in Colombia

The post MoneyGram launches stablecoin-powered app in Colombia appeared on BitcoinEthereumNews.com. MoneyGram has launched a new mobile application in Colombia that uses USD-pegged stablecoins to modernize cross-border remittances. According to an announcement on Wednesday, the app allows customers to receive money instantly into a US dollar balance backed by Circle’s USDC stablecoin, which can be stored, spent, or cashed out through MoneyGram’s global retail network. The rollout is designed to address the volatility of local currencies, particularly the Colombian peso. Built on the Stellar blockchain and supported by wallet infrastructure provider Crossmint, the app marks MoneyGram’s most significant move yet to integrate stablecoins into consumer-facing services. Colombia was selected as the first market due to its heavy reliance on inbound remittances—families in the country receive more than 22 times the amount they send abroad, according to Statista. The announcement said future expansions will target other remittance-heavy markets. MoneyGram, which has nearly 500,000 retail locations globally, has experimented with blockchain rails since partnering with the Stellar Development Foundation in 2021. It has since built cash on and off ramps for stablecoins, developed APIs for crypto integration, and incorporated stablecoins into its internal settlement processes. “This launch is the first step toward a world where every person, everywhere, has access to dollar stablecoins,” CEO Anthony Soohoo stated. The company emphasized compliance, citing decades of regulatory experience, though stablecoin oversight remains fluid. The US Congress passed the GENIUS Act earlier this year, establishing a framework for stablecoin regulation, which MoneyGram has pointed to as providing clearer guardrails. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/moneygram-stablecoin-app-colombia
Share
BitcoinEthereumNews2025/09/18 07:04
Ripple share buyback program values the firm at $50 billion

Ripple share buyback program values the firm at $50 billion

The post Ripple share buyback program values the firm at $50 billion appeared on BitcoinEthereumNews.com. Ripple, the blockchain company closely associated with
Share
BitcoinEthereumNews2026/03/12 12:44
The Smarter Web Company boosts Bitcoin holdings to 346 BTC after doubling fundraising target

The Smarter Web Company boosts Bitcoin holdings to 346 BTC after doubling fundraising target

The Smarter Web Company has expanded its BTC treasury to over 346 coins, following a a highly successful fundraise that brought in nearly double its initial target. On June 19, London-listed technology firm The Smarter Web Company announced that it had…
Share
Crypto.news2025/06/19 16:28