Crypto.com is expanding its footprint in Asia through a new partnership with Travel Wallet, one of South Korea’s leading fintech platforms. The collaboration aims to bring crypto payments closer to everyday use, combining blockchain technology with travel-focused financial services.
Crypto.com and Travel Wallet Sign MoU to Boost Crypto Payments
On October 21, 2025, Crypto.com announced that it had signed a Memorandum of Understanding (MoU) with Travel Wallet, a mobile payments and exchange app used by over 8 million people across South Korea and abroad.
Travel Wallet enables users to hold, convert, and spend more than 40 currencies, processing over KRW 6 trillion ($4.3 billion) in transactions to date. Through this partnership, the company will become Crypto.com’s primary issuing partner in South Korea.
Co-Branded Card and KRW Stablecoin in the Works
As part of the deal, the two firms plan to launch a co-branded prepaid card that supports both fiat and crypto payments worldwide.
The Travel Wallet app will also integrate Crypto.com’s crypto-as-a-service infrastructure, allowing users to buy, sell, and manage digital assets directly within the platform.
A major highlight of the partnership is the development of a Korean won (KRW)-pegged stablecoin, which will be promoted jointly by both companies. The stablecoin aims to reduce international transfer costs and speed up cross-border transactions, particularly for frequent travelers.
“This partnership will make crypto payments simpler and more rewarding for everyday users,” said Eric Anziani, President and COO of Crypto.com.
Kim Hyung-woo, CEO of Travel Wallet, called the collaboration “the beginning of a new payment paradigm that combines fintech innovation with blockchain finance.”
The agreement also includes joint marketing and rewards programs designed to attract new users and encourage the use of crypto payments across both platforms.
Bridging Fintech and Blockchain for Global Travelers
The partnership connects Travel Wallet’s global payment network which supports Visa transactions at more than 100 million locations worldwide with Crypto.com’s digital asset infrastructure.
For Crypto.com, the move strengthens its presence in South Korea, a key Asian fintech hub, while for Travel Wallet, it marks a step toward integrating digital asset payments into its already expansive international ecosystem.
Crypto in Travel Finance Gains Momentum
This collaboration comes amid growing adoption of crypto-based payment solutions in the travel sector.
In 2025, companies such as Bitget Wallet, Travala, and Bookit.com introduced or expanded their crypto payment options, reflecting a steady trend toward merging digital assets with global commerce.
The Crypto.com–Travel Wallet alliance positions both companies at the forefront of this movement, offering travelers a seamless way to spend, transfer, and manage crypto alongside traditional currencies.
Disclosure: This article is for informational purposes only and does not constitute financial or investment advice.
