Crypto
KB Kookmin Card to build hybrid stablecoin payment model with Avalanche
KB Kookmin Card will build a hybrid stablecoin payment model with blockchain platform Avalanche, The Block reported on March 31. The company plans to design a card payment model based on the Avalanche public blockchain and develop a comprehensive stablecoin system covering top-ups, payments and settlement with digital asset infrastructure firm OpenAsset. The hybrid system aims to keep existing credit card features such as points benefits while lowering barriers to stablecoins and digital assets.
