Coupang’s new foray into blockchain, Japan introduces stablecoin payment card

Updated

September 12, 2025

Gambar Coupang’s new foray into blockchain, Japan introduces stablecoin payment card

Jakarta, Pintu News – The use of blockchain technology in e-commerce and payment systems is growing. Two recent news stories from South Korea and Japan show great strides in the adoption of this technology. Coupang, a South Korean e-commerce giant, has started experimenting with blockchain, while Japan launched a credit card that supports stablecoin payments.

Blockchain Experiment by Coupang

Coupang, a leading e-commerce company in South Korea, recently announced its partnership with Tempo, a layer-1 blockchain developed by Stripe and Paradigm from the United States. The platform focuses on the real-life use of stablecoins and payments.

This is Coupang’s first step in adopting blockchain technology, showing its interest in innovation in this field. By integrating stablecoins, Coupang could potentially save billions of won annually in transaction fees. The technology enables instant transfers that can be made 24 hours a day and reduces the risk of exchange rate fluctuations.

However, regulatory uncertainty in South Korea regarding the use of stablecoins remains a challenge. Progress in domestic stablecoin regulation is expected to accelerate the adoption of this technology.

Stablecoin Credit Card Innovation in Japan

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In Japan, JPYC Corporation has announced the launch of the first credit card to accept payments with stablecoins. The “Nudge Card” will allow users to pay bills with the Japanese yen-backed stablecoin, JPYC, from October 2025.

The service will be available at over 150 million VISA merchants worldwide, marking a major step in the acceptance of blockchain-based financial services in major markets. The system will be trialed limited to users who have NFT Nudge experience and will support the Polygon blockchain.

This adds to existing payment methods such as bank transfers and in-store payments. This development shows that blockchain-based financial services are gaining acceptance in mainstream commerce in Japan.

Blockchain Integration Prospects and Challenges

The integration of blockchain technology in payment systems and e-commerce offers many advantages, such as cost efficiency and transaction speed. However, regulatory challenges and market acceptance are still major obstacles. Legislative developments in various countries will largely determine the speed of adoption of this technology.

Industry observers expect that with the advancements in regulation, more companies will adopt blockchain technology. This will not only change the way transactions are conducted, but also how payment data is managed and utilized for ecosystem growth.

Conclusion

These two initiatives demonstrate the strong commitment of companies in Asia to integrate blockchain technology in their operations. As the technology continues to evolve, more innovations are expected to utilize blockchain’s advantages to improve the global payments and e-commerce systems.

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