Galaxia Moneytree Conducts Stablecoin Payment Proof-of-Concept for Medical Tourism

Galaxia Moneytree has conducted a proof-of-concept (PoC) for stablecoin payments in partnership with U-Cube and the Korea Medical Tourism Promotion Association, aiming to enhance payment convenience for foreigners using medical tourism services in Korea.

According to Galaxia Moneytree on July 6, this PoC was designed to verify whether it can reduce inconveniences such as currency exchange, overseas card approvals, payment failures, and settlement delays that occur when foreigners book and use medical services in Korea. Based on U-Cube's global medical service reservation platform for foreigners, 'U-Cube Medi,' Galaxia Moneytree was responsible for the stablecoin payment test environment and operational processes. The Korea Medical Tourism Promotion Association participated in the project from the perspective of expanding the domestic medical tourism ecosystem and collaborating with related institutions.

The Korea Medical Tourism Promotion Association assessed that not only excellent medical services, but also a digital infrastructure that enables convenient access for foreign customers, is crucial to enhancing the competitiveness of Korea's medical tourism industry.

A representative from Galaxia Moneytree stated, "Based on our experience in existing payment infrastructure and merchant network, we are sequentially validating the feasibility of digital asset payments," adding, "We plan to expand the scope of real-world testing not only to medical tourism but also to various offline and online service areas with high demand from foreign visitors."

Meanwhile, Galaxia Moneytree is preparing to introduce benefit-type prepaid cards and cash-back cards for the foreign patient attraction project promoted by the Korea Medical Tourism Promotion Association and U-Cube. Through these initiatives, the company aims to further enhance the convenience of foreign customers using medical tourism services in Korea. Additionally, Galaxia Moneytree plans to expand its next-generation payment infrastructure business by connecting the existing domestic payment infrastructure with global digital asset payment methods, thereby broadening its presence in customer touchpoints for overseas clients, including medical tourism.

This content was produced with the assistance of AI translation services.