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🇰🇷 South Korea launches stablecoin ATM pilot, limited to foreign tourists for $USDT withdrawals.
South Korean blockchain company DaWinKS has partnered with the Kaia DLT Foundation to launch a stablecoin ATM that supports withdrawals of USDT issued on the Kaia blockchain, which is now available in various tourist and retail locations. This ATM is only available for users holding foreign passports and supports exchanges for 85 fiat currencies or top-ups to local transportation cards.
The project operates under South Korea's "regulatory sandbox" framework and is currently not open to local residents.

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