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MoonPay and Upbit Parent Dunamu Explore Stablecoin Payments and GIWA Expansion

October 21, 2026, 2:30 AM UTC (4 hours ago) · 1 source · Summarized by CryptoBipto

MoonPay and Dunamu, the parent company of South Korean crypto exchange Upbit, are reportedly exploring a collaboration focused on stablecoin payments and expanding the GIWA initiative. The discussions suggest both companies are looking at ways to integrate stablecoin-based payment solutions and broaden their reach through the GIWA framework.

WHY IT MATTERS

Think of MoonPay as a bridge that helps people move between regular money and crypto — similar to how a currency exchange booth at an airport works, but online. Dunamu runs Upbit, which is like one of the biggest stock exchanges but for cryptocurrency, especially popular in South Korea. When two large companies like these explore working together on stablecoin payments, it could make it easier for everyday people to use crypto-based money that holds a steady value (unlike Bitcoin, which can swing wildly in price). Stablecoins are designed to stay at a fixed value, usually one dollar, making them more practical for paying for things. If this collaboration moves forward, it could simplify how people in South Korea and potentially other markets use stablecoins for regular transactions.

MoonPay is a widely used crypto payments infrastructure company that allows users to buy and sell cryptocurrencies through traditional payment methods such as credit cards and bank transfers.

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