SBI DigiTrust, NICE and DSRV test Japan-South Korea stablecoin payments

  • SBI DigiTrust, NICE and DSRV are testing stablecoin payments between Japan and South Korea.
  • Verification targets completion by the end of December 2026 and covers QR payments and settlement flows.
  • Japanese travelers will test payments at NICE-affiliated merchants across South Korea.

SBI DigiTrust, NICE Information & Telecommunication and DSRV are testing stablecoin-based remittances and QR payments between Japan and South Korea. Japanese users would make QR-code payments at NICE-affiliated merchants in South Korea, while the companies examine fund flows from customer payment to merchant settlement, payment instructions, system links, transaction volumes, costs and commercial viability. The partners signed a memorandum of understanding on Sept. 30 and aim to complete the verification by the end of December 2026. DSRV is reviewing whether blockchain-based asset transfers can work with existing payment systems, NICE is assessing domestic operating requirements and merchant-network feasibility, and SBI DigiTrust is refining the structure under Japanese regulations.

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