BC Card, the country’s largest payment infrastructure provider, has signed a memorandum of understanding with Base.
The agreement will pilot USDC payments through BC Card’s online and offline networks using the Base app.
BC Card serves 36 million users and 3.5 million merchants across South Korea, making it a major player in the nation’s financial ecosystem. The pilot will assess how USDC and potential KRW-backed stablecoins could be supported across Base’s infrastructure, including the Base chain, Base app, and BasePay system. This test aims to create a bridge between traditional payment rails and blockchain-based digital currencies, exploring the practicalities of using stablecoins for both online and in-store purchases.
The timing of this initiative aligns with South Korea’s evolving stablecoin regulations. As regulators define frameworks for compliant stablecoin usage, infrastructure providers like BC Card and Base are positioning themselves to offer safe and efficient solutions. For example, a customer could pay for groceries with USDC at a local supermarket, and the transaction would settle instantly on-chain, while BC Card ensures the integration with its existing payment system.
Base currently hosts 16 fiat-backed stablecoins, offering an end-to-end on-chain infrastructure stack for secure and compliant distribution. By providing interoperability and standardized execution tools, Base allows developers, merchants, and financial institutions to experiment with stablecoins. This is without building separate infrastructure from scratch. The BC Card pilot will leverage these capabilities to test user experiences, settlement speed, and operational efficiency in real-world scenarios.
Bidget Wallet recently announced an exciting update for Base users. With the updated Base token list, users can now manage both popular cryptocurrencies like BTC, XRP, and LTC alongside Base’s trending tokens. All within a single portfolio.
This feature allows investors to combine blue-chip assets with emerging Base tokens. This will make it easier to build a balanced and versatile portfolio directly on the Base network.
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