Shinhan and Visa Team up to Test Stablecoin Issuance and B2B Settlements in South Korea
The partnership will test issuance, transfer and redemption using Visa’s network as Shinhan expands stablecoin work into card settlement and AI-based payments.
10 Articles
10 Articles
Shinhan Financial taps Visa for stablecoin payments and settlement push
South Korea’s Shinhan Financial Group has signed a strategic agreement with Visa to build stablecoin payment infrastructure while expanding its work into AI-powered payments and business transactions. Shinhan Financial Group said Wednesday that the partnership will initially focus on testing…
Shinhan signs Visa stablecoin deal months after Solana Card trial
Shinhan, a South Korean financial group, has agreed to test issuing, sending, and cashing in stablecoins on Visa’s payment platform. This is Shinhan’s second major stablecoin partnership in four months as Seoul gets closer to creating formal rules for the stablecoin sector. Shinhan builds on Visa’s platform On August 24, at Shinhan’s headquarters in central Seoul, the two businesses signed a strategic business agreement. Shinhan wants to run sta…
CoinStats - Korean banks are wiring stablecoin rails befo...
Shinhan, a South Korean financial group, has agreed to test issuing, sending, and cashing in stablecoins on Visa’s payment platform. This is Shinhan’s second major stablecoin partnership in four months as Seoul gets closer to creating formal rules for the stablecoin sector. Shinhan builds on Visa’s platform On August 24, at Shinhan’s headquarters in central Seoul, the two businesses signed a strategic business agreement. Shinhan wants to run sta…
Shinhan and Visa Test Stablecoin Settlement for Cards
What Are Shinhan and Visa Building? Shinhan Financial Group has signed a strategic agreement with Visa to develop stablecoin infrastructure and test new payment models in South Korea, extending their existing relationship into digital assets, artificial intelligence and business payments. The companies will initially focus on stablecoin issuance, transfers and redemption. Shinhan plans to use Visa’s stablecoin platform to test those functions wh…
Shinhan Financial Group and Visa test stablecoins in B2B and B2C payments, showing how digital assets can reduce costs and offer new products
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