Visa, Upbit Parent Dunamu Explore OUSD Among 140+ Stablecoin Backers

Visa and Dunamu, the South Korean firm that owns crypto exchange Upbit, said Friday they will jointly explore stablecoin payments, cross-border remittances and AI-driven commerce. Both Cointelegraph and The Block confirm the core of the deal: a strategic partnership, an examination of Open Standard’s proposed Open USD (OUSD) stablecoin, and a shared push into agentic commerce infrastructure.

What Two Sources Confirm, and What Comes From One

The partnership announcement itself, the mention of OUSD as a candidate stablecoin, and the AI-commerce angle appear in both outlets’ reporting, which puts the underlying event on solid footing. The Block additionally notes that Dunamu specifically said the tie-up will explore potential future use of OUSD, matching Cointelegraph’s framing that the token is under review rather than confirmed.

Several supporting details, including a direct quote from Dunamu CEO Oh Kyung-seok and the claim that more than 140 companies have signed up to use OUSD, trace back to Cointelegraph’s reporting alone. That does not make them wrong, but it means readers should treat the specific figures as single-sourced until a second outlet independently verifies them.

The Numbers Behind OUSD

OUSD, a dollar-backed stablecoin unveiled in June, has reportedly drawn sign-ups from more than 140 companies, according to Open Standard as cited by Cointelegraph. The named participants include Visa, Mastercard, Stripe, Coinbase and BlackRock. Dunamu was also listed among the businesses involved in the initiative, though the company has not committed OUSD to this specific partnership and describes it as one of several stablecoin projects it is reviewing.

That distinction matters because Upbit, Dunamu’s exchange arm, said in July it was not participating in OUSD’s issuance, even after Dunamu appeared on the initiative’s list of businesses. The gap between the parent company’s exploratory stance and the exchange’s public disclaimer is a detail worth tracking as the partnership develops.

Payments, Remittances and Agentic Commerce

According to Dunamu’s Friday statement, the two companies will combine Dunamu’s digital-asset technology with Visa’s global payments network to examine payment, remittance and settlement services in major markets. Oh Kyung-seok said the spread of AI, stablecoins and tokenization “is a key trend that will change how finance and commerce operate,” framing the deal as a bridge between digital assets and traditional finance.

The companies also plan to study agentic commerce, where AI agents search for products, make purchases and settle payments on a user’s behalf, combining that capability with stablecoin settlement rails. No launch date, transaction volume target or specific market rollout has been disclosed by either company.

Reading the Fine Print

For builders and API users tracking stablecoin adoption, the key figure to watch is not the partnership headline itself but the OUSD sign-up count. A 140-company list that includes four of the largest payment and custody names in the industry is a meaningful signal if it holds up, but it currently rests on Open Standard’s own disclosure as reported by a single outlet.

Dunamu has not prioritized OUSD or any other stablecoin for the Visa collaboration. Until a specific token, settlement corridor or timeline is named, the deal remains an exploratory framework rather than a live product.

Sources

• cointelegraph.com
• theblock.co