Toss and Gwangju Bank Test Stablecoin QR Code Payments
- —Customers select stablecoin payment in Gwangju Bank's app and complete it via Toss
- —Payment and merchant settlement are combined into a single transaction without a separate settlement step
- —The test used a simulated merchant and involved no real customer data or funds
- —A second phase may involve real merchants; timing and supported stablecoins were not disclosed
Why it matters: The trial shows how banks and fintechs are trying to fold stablecoins into everyday retail payments, though real-merchant testing and regulatory approval are still needed before any launch.
Source: CoinTrust