DeFi· ★★★· bullish·

SBI VC Trade and Shinhan Card to explore stablecoin payments at stores

  • —Shinhan Card has a base of about 20 million cardholders in Korea
  • —The partners will test digital assets for payments at physical stores
  • —Plans include stablecoin settlement for cross-border trade between Japan and Korea
  • —SBI XDC Network APAC will help develop XDC Network infrastructure
Why it matters: A major Japanese-Korean banking alliance is testing stablecoins in real retail payments, a step toward mainstream adoption of digital assets.
Source: CoinPost
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