Arriving in Korea

Bring stablecoins.
Spend won.

Korea runs on won, and the card in your pocket may not clear here. Fyer turns the stablecoins you already hold into won-priced tourism vouchers — spent by showing a code at the counter.

Reference rate

USD / KRW

1,385.48 KRW

Loading the current rate…

You bring
100.00 USDT
You spend
₩ 138,548

The mid-market rate, read from the same oracle the app uses. A 0.30% conversion fee applies at purchase and is shown before you confirm — never after.

Why travellers use it

Money that works the moment you land

No branch visit, no waiting for a transfer to clear, no explaining yourself at a counter.

One balance, in won

FYUSD, USDT, USDC and DAI all read as a single won figure. Nothing to convert by hand, no rate to watch while you shop.

Priced before you agree

The rate, the fee and the final won amount are on screen before you confirm. What you sign is what comes off your balance.

Change stays yours

Spend part of a voucher and the rest waits for next time. Leftover balance can be sent back to your wallet.

In the app

Won on the front screen

Whatever you deposited, the number you look at is the number you can spend. The rate beside it is the live one — the same figure this page is showing you.

  • Deposit, vouchers and history one tap from the balance
  • Tap the eye to hide the number at a counter
  • Open “What's inside” to see which coins make up the total
The Fyer home screen: a won balance of 828,480 with the live USD/KRW rate beside it, and shortcuts to deposit, vouchers and history.

How it works

Three steps, in this order

You verify before you fund, and you fund before you spend. Each step has to finish before the next one opens.

Step 01

Verify once

Scan your passport photo page, hold it to the phone to read the chip, then a selfie. About a minute. Korean regulation requires it before any money moves.

Step 02

Send stablecoins

From a wallet you already use. Send from the address you registered — that is how we know the deposit is yours.

Step 03

Spend in won

Your balance reads in won from that moment. Show the code at the counter and the amount comes off.

Before you land

What you don't need

The usual ways to spend foreign money in Korea all ask for something a visitor doesn't have.

  • A Korean bank account
  • A card that clears in Korea
  • An exchange listing in your country
  • Cash you have to carry home

Where it spends

The things a trip is made of

Vouchers are issued against Korean tourism partners and priced in won. You pick the category; the app shows what is in stock.

Transit Stay Food Shopping Experience Mobile data

Accepted

FYUSD USDT USDC DAI

Who runs this

Plainly, on the record

You are handing money to someone. Here is who, and where the rules are written down.

Operator
New Frontier Labs LLC · a Delaware limited liability company
Registered office
16192 Coastal Highway, Lewes, Delaware 19958, United States
Identity check
Passport chip verification, performed by Lordsys

Opening soon

Land with crypto.
Leave with change.

We're letting in a first group of travellers. Tell us roughly when you're coming and we'll have an account ready.