Jeonbuk Bank Tests Stablecoin Remittances on Solana
- —The bank ran the full cycle: won deposits, conversion into digital assets, settlement and overseas payout
- —Counterparty and amount data were not published on the Solana mainnet
- —Solana Foundation and Node Infra participated in the pilot
- —The test used a model of remittances by foreign workers in Korea
Why it matters: The pilot signals that traditional Korean financial institutions are exploring stablecoin settlement on public blockchains.
Source: ForkLog