South Korea’s Shinhan Card to test real-world stablecoin payments on Solana
The Block
South Korean credit card giant Shinhan Card is partnering with the Solana Foundation to pilot stablecoin payment systems on the Solana blockchain.Summary
Shinhan Card has entered a partnership with the Solana Foundation to develop and test stablecoin payment systems on the Solana blockchain. Through an advanced proof of concept (PoC), the company aims to validate the security of non-custodial wallets and explore hybrid finance models that merge traditional financial reliability with DeFi efficiency. By utilizing oracle technology, Shinhan Card plans to bridge real-world transaction data with blockchain networks, while aligning its development with South Korea's forthcoming Digital Asset Basic Act.
(Source：The Block)