South Korea: Tourists Can Now Access Cash with USDT at KAIA ATMs

KAIA, a South Korean ATM network, has announced a new partnership that enables tourists to withdraw cash using the USDT stablecoin. This novel service is designed to streamline financial transactions for travelers who prefer using digital currencies. Visitors will now have the convenience of converting their USDT holdings into Korean Won directly through KAIA ATMs located throughout the country. The aim is to simplify currency exchange and lessen reliance on conventional methods, which can be expensive or inconvenient. According to KAIA, the service will initially be available at key tourist destinations and areas frequented by international visitors. The service will gradually be expanded to include more locations in the near future. This development marks a significant step in the increasing adoption of digital currencies within the tourism sector, offering innovative payment solutions for international visitors. Project stakeholders hope this service will enhance the tourism experience in South Korea and make it more appealing to visitors from around the world.