South Korea’s KB Card Files Patent for Stablecoin-Credit Card Hybrid System
KB Card, a subsidiary of South Korea's KB Financial Group, has taken a significant step toward integrating digital assets with traditional payment systems. The company filed a patent for a hybrid payment model that seamlessly combines stablecoin transactions with conventional credit card functionality.
The innovative system links users' blockchain wallets to existing credit cards, prioritizing stablecoin spending while maintaining all card benefits. Transactions automatically default to stablecoin balances before tapping into credit lines, creating a frictionless experience for both consumers and merchants.
This MOVE strategically positions KB Card ahead of forthcoming stablecoin regulations in South Korea. The patent demonstrates how financial institutions can adopt blockchain technology without disrupting existing payment infrastructure or requiring merchant system upgrades.
