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Shinhan Financial and Visa to Pilot Stablecoin Payments and B2B Settlements in South Korea

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South Korea's Shinhan Financial Group has partnered with Visa to explore stablecoin-based financial services. The collaboration will involve testing stablecoin issuance, remittance, and redemption using Visa's platform. The pilot also aims to develop AI-driven payment models as part of the initiative. The partnership reflects growing interest among traditional financial institutions in integrating blockchain-based payment infrastructure.

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Shinhan Financial and Visa to Pilot Stablecoin Payments and B2B Settlements in South Korea · ShortSingh