World · Institutional · South Korea ·
South Korea's Shinhan Financial Group tests stablecoin with Visa
Shinhan Financial Group, South Korea's top financial conglomerate, has partnered with Visa to test stablecoin issuance, remittance, redemption, and AI-powered payment models. The tests will run on Visa's platform infrastructure.
Why it matters for the crypto market
A top-tier financial holding company testing stablecoin infrastructure signals institutional readiness to move into tokenized payments and settlements; it reflects growing momentum for crypto integration in mainstream banking.
Source: coindesk.com
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